Judge Gives Final Approval to Rhode Island Pension Lawsuit Settlement

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Judge Gives Final Approval to Rhode Island Pension Lawsuit Settlement
Pensions & Investments

June 11, 2015

"The settlement includes two one-time stipends payable to all current retirees; an increased cost-of-living adjustment cap for current retirees; and lowering the retirement age, which varies among participants depending on years of service." [Rhode Island Pub. Emp. Retiree Coalition v. Raimondo, No. PC 2015-1468 (R.I. June 9, 2015)]

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