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Archive - Jul 19, 2011 - News Article

Receiver wants retiree cuts

July 19, 2011

CENTRAL FALLS — State-appointed Receiver Robert Flanders had called it “the Big Ask.”
He invited about 150 retired police, fire and municipal employees to the high school auditorium and asked them to sign on to a proposal to cut the pensions they are living on by as much as 50 percent as well as a health insurance program that would require them to pay 20 percent of their premiums for the first time and co-pay 20 percent of the subsequent costs, including hospitalization.

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