Rhode Island Supreme Court Upholds Pension Benefit Cuts in Cranston

In Politics by Michael Rae

The Rhode Island Supreme Court upheld the city of Cranston’s decision to suspend cost-of-living-adjustments (COLAs) on police and fire pensions even though these COLAs had been written into collective bargaining agreements. The state Supreme Court’s June ruling may set a precedent for fiscally distressed local governments grappling with unfunded pension

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