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Archive - Jun 27, 2011 - News Article

Pension reform group assembles

June 27, 2011

PROVIDENCE — Rhode Island’s biggest pension problem is in the past.
Devising a plan to take care of the retirement needs of current and future state employees is a relatively simple, do-able and affordable matter. It is filling in the massive hole of unfunded pension liability — estimated at somewhere between $7 billion and $9 billion — that the state’s elected officials have been digging over the last several decades that is going to take back-breaking work and bank-breaking amounts of money.

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