PROVIDENCE â€“ When provisions for reforming locally-administered pension plans (called non-MERS) were dropped from the comprehensive pension reform late in the process last year, Gov. Lincoln Chafee vowed to introduce legislation on the first day of the 2012 General Assembly session to reform struggling plans that are causing fiscal misery for certain cities and towns.
He missed that self-imposed deadline on Tuesday.
PAWTUCKET â€” Fourteen years ago, Ronald Wunschel answered a newspaper advertisement for a city finance director's position that was placed by newly elected Mayor James E. Doyle. Now, after honoring his commitment to stay on and help with the transition under Doyle's successor, Mayor Donald R. Grebien, Wunschel has officially hung up his calculator, and is heading off to a well-deserved retirement.
PROVIDENCE â€” With cities on the brink of insolvency and joblessness stubbornly high, Rhode Island lawmakers returning for a new legislative session say 2012 is shaping up to be a pivotal year.
Just as they spent last year finding ways to fix the state's fiscal problems, lawmakers say 2012 must be devoted to helping cities and towns weather a fiscal crisis that shows few signs of abating.
â€śThe fiscal integrity of the municipalities is going to be the year's big issue,â€ť said House Speaker Gordon Fox, D-Providence. â€śThis is make-it or break-it time.â€ť