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Political Scene: By day, some RI lawmakers work for big players at State House Katherine Gregg, The Providence Journal © SANDOR BODO, The Providence Journal Published Caption: Facing softer-than-anticipated revenue from sports gambling and other sources, and with proposed spending outpacing projected revenue by as much as $160 million in the budget year that begins July 1, lawmakers over the next few weeks will work through the Raimondo administration s budget with an eye toward pruning. [The Providence Journal, file / Sandor Bodo] Original Caption: ORG XMIT: picture page of views from the dome of the State House 6. DOMEVIEWS 7 SB - View of the State House from the south during a dark sky/bright light moment. [The Providence Journal, file / Sandor Bodo]
Union under audit, members claim they’re owed thousands towards pensions I don t think either side thinks it was malicious, it s more a question of what was the system like at the time, and how was that calculation was done with a system that doesn’t exist anymore? There’s been a fair amount of historical piecing things back together to really understand what happened.
January 26, 2021 7:24 pm
PROVIDENCE, R.I. (WLNE) – Members of LIUNA affiliates Local 808 and Local 1033 came to ABC6 with concerns about pension deductions from their paychecks.
They say they could be owed thousands of dollars. According to financial documents, members were paying $0.71/hour towards their pension fund in 2007, earning a $29.62 pension credit. When the pension went underfunded the following year, pension credits were cut in half to $15.62. The pension fund board negotiated a yearly 10% rate increase to restock the pension.