Rhode Island workers, retirees mull pension deal

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Associated Press

Posted on March 30, 2014 at 9:01 AM

Updated Sunday, Mar 30 at 9:33 AM

PROVIDENCE, R.I. (AP) — Government workers and retirees in Rhode Island are casting ballots to determine the fate of a proposed settlement in their legal challenge to the state's landmark pension overhaul.

If approved, the settlement would roll back some of the pension cuts approved by lawmakers in 2011. Retirees would get modest pension increases sooner than expected, but the state and its municipalities would get to keep most of the billions they will save under the law.

Workers and retirees interviewed by The Associated Press express a mix of opinions. Retired state worker Matt DiMaio says he was hoping for a better deal and wants the lawsuit to proceed. But University of Rhode Island employee Michael McDonald says he supports the settlement because it brings certainty.

State lawmakers must also approve the settlement.

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