Governor wants to resurrect pension settlement agreement

By The Associated Press 


PROVIDENCE, R.I. (AP) _ Gov. Gina Raimondo says it’s time to resurrect a settlement to end the legal fight over Rhode Island’s 2011 landmark pension overhaul.

Raimondo was state treasurer when she and then-Gov. Lincoln Chafee announced the settlement on Valentine’s Day last year. The deal ultimately was rejected after police union members voted it down.

Public-sector unions and retirees are suing the state.

Raimondo says she’s talking with union leaders and hopes they can settle the dispute. She says she’s willing to get behind the settlement agreement again. She says she wants to “ink it” and move forward.         

The trial is scheduled to begin April 20. 

State lawyers Friday requested a postponement to Jan. 25, 2016. The overhaul was designed to save $4 billion over 20 years.

(C) The Associated Press 2015