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1540 WADK.com Updates

Hearing Today On Pension Suit Settlement

The Rhode Island Senate Committee on Finance is holding a hearing today on the proposed pension lawsuit settlement.  The bill would enact the recent settlement agreement over the 2011 pension changes into law.  State employee unions and retirees sued over the reforms, which were enacted to close a four-billion-dollar pension account shortfall.  A judge is currently weighing whether the settlement should be accepted.

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