Pension Reform in Providence: Part One, The Reform Process
Pensions are a key issue in Rhode Island’s governor’s race. Providence Mayor Angel Taveras praises his city’s reform plan, but deficits remain.
Imogen Rose-Smith
July 22, 2014
Angel Taveras, mayor of Providence, center, signs an ordinance to overhaul the city's pension system and reduce its cost, in Providence, Rhode Island, U.S., in this handout photo, taken on April 30, 2012. The change suspended annual pension increases and capped payouts, which labor leaders say is illegal. Source: City of Providence via Bloomberg EDITOR'S NOTE: EDITORIAL USE ONLY. NO SALES.
Via Bloomberg
