Providence sues consultant for $10M pension ‘miscalculation’
February 26th, 2013 at 9:58 am by Ted Nesi under Nesi's Notes, On the Main Site
By Tim White
PROVIDENCE, R.I. (WPRI) – The City of Providence has filed a multimillion dollar lawsuit against its longtime actuary Buck Consultants, charging them with “miscalculating” the estimated savings from pension reform, according to court documents obtained by Target 12.
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Tags: angel taveras, buck consultants, non-MERS, pensions, providence, providence financial crisis
Nesi's Notes covers politics and the economy in and around Rhode Island for WPRI.com. (Twitter: 
off $10 million out of what, almost a $1 billion???
sounds like they really wanted to get rid of buck.
they must have somebody else all lined up that “will work with them better”