Pension board met once in 12 years as shortfall soared by $8M

February 4th, 2013 at 10:00 pm by under Nesi's Notes, On the Main Site

​By Ted Nesi and Tim White

SCITUATE, R.I. (WPRI) – The officials charged with overseeing Scituate’s troubled police pension plan held next to no meetings for more than a decade, even as the plan’s cash shortfall quadrupled to $8 million, a Target 12 investigation has discovered.

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• Interactive: Town-by-town map of local pension liabilities in Rhode Island (Feb. 4)

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One Response to “Pension board met once in 12 years as shortfall soared by $8M”

  1. Chris D says:
    February 5, 2013 at 12:28 pm

    I cannot wait to see how the Town will spin this one. Tim White, Thank you for your continued support of the Rhode Island taxpayer!