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Archive - May 20, 2013 - News Article

Panel to advise DOR of city's pension status

May 20, 2013

WOONSOCKET – The latest actuarial data confirms that the financial condition of the city’s locally-administered pension plan for police and firefighters meets the state’s definition of “critical” because its assets have dipped below 60 percent of its liabilities to pensioners.
The data from USI Consulting means the city is no longer exempt from having to file a Funding Improvement Plan to the state Department of Revenue under a law passed last year by the General Assembly.

PROVIDENCE  –  Nick Koprusak, senior quad-captain of the Burrillville/North...
PROVIDENCE  –  Cumberland High senior goalkeeper Mike Stock believed he and his...
CUMBERLAND – The board inside the Cumberland boys’ lacrosse locker room tells the...
BURRILLVILLE – After identifying Domingo Ortiz, 60, of Worcester, on Saturday as the man found buried a day earlier at...
BURRILLVILLE – Police on Saturday positively identified the body that was unearthed from 505 Douglas Pike as 60-year-...
BURRILLVILLE – Police unearthed human remains believed to be those of a missing Worcester man after returning to 505...

 

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