Cranston Mayor Fung takes pension reform back to negotiating table
Cranston is taking up the heated issue of pension reform.
Mayor Fung wants major cuts to fire and police retirees benefits, but just as he was ready to bring his proposals before the city council for a vote on reform, he decided to pull them, and head back to the negotiating table.
Mayor Fung says that it wasn't until Monday night, that he found out most retirees were willing to sit-down, and talk about serious pension reform.
The ordinances would have suspended cost-of-living-adjustments for 10-years and then capped COLA's at 3-percent annually.
Now that the proposals have been pulled, retirees who were opposed to the changes, are applauding the mayor's decision to pull the ordinances and sit down at the bargaining table instead.
The city and retirees intend to meet sometime in the next month to start their negotiations.
Cranston Firefighter Union President Paul Valletta says that they will use Mayor Fung's proposed ordinances as a starting point, he doesn't feel like the two sides are really that far apart, on a potential deal.