No pension settlement yet as lawyers meet for 15th time

January 17th, 2014 at 5:28 pm by under Nesi's Notes

By Dan McGowan

WARWICK, R.I. (WPRI) – Lawyers briefed the Rhode Island judge overseeing a union lawsuit challenging the state’s 2011 pension overhaul for the 15th time Friday as talk of a potential settlement continues to swirl.

Reporters were camped inside of Judge Sarah Taft-Carter’s courtroom at Kent County Superior Court as state and union lawyers met behind closed doors. The lawyers refused to comment, citing a court-imposed gag order.

Taft-Carter ordered the two sides into a formal, closed-door mediation process overseen by the Federal Mediation and Conciliation Service in December 2012.

The next status conference has been scheduled for Monday, Jan. 27 at 9 a.m. in the same location.

The update came in the same week that Gov. Lincoln Chafee proposed a 2014-15 budget to lawmakers that didn’t allocate any funding toward a potential settlement. During a taping of WPRI 12’s Newsmakers, Chafee said that if a settlement was reached and the General Assembly approved changes to the pension law, the state budget wouldn’t be affected until the 2015-16 fiscal year.

“Everybody’s anxious to see that number,” Chafee said.

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3 Responses to “No pension settlement yet as lawyers meet for 15th time”

  1. Bob says:

    what a joke. ignore any settlement, we don’t have time or money for this nonsense.
    when are towns going to revamp their pension system?

  2. [...] Also on Newsmakers, Chafee dropped a hint about how a pension settlement would work. “It won’t be ’til the fiscal year ’16 budget that we’ll [...]

  3. George says:

    The briefings have really accelerated. I can’t see many in the GA too excited about dealing with while campaigning. I expect this to be held for further study as soon as it’s kicked back to the GA. In the end an expensive waste of time and money.