Retirement Benefit Reform Needed to Maintain Local Fiscal Sustainability

Today, June 7, 2011 the Rhode Island Public Expenditure Council (RIPEC) released a report on municipal retirement benefit obligations. In addition to providing a summary of the status of pension and other post-employment benefits (OPEB) throughout the state, the report provides an overview of the proposed Municipal Accountability, Sustainability and Transparency (MAST) Fund and how …

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