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Pension settlement leaves Grebien cold

February 25, 2014

The chief executives of the Blackstone Valley’s two biggest cities, Woonsocket Mayor Lisa Baldelli-Hunt and Pawtucket Mayor Donald Grebien, say they can’t tap property taxpayers for the hundreds of thousands of dollars that it would cost their communities to make the changes in the proposed settlement of the state pension lawsuit.

Local leaders were briefed on the settlement by state officials and a union lawyer last week. They learned that the changes proposed to the 2011 pension law would cost $24.2 million; $13.1 million of that would be covered by the state, and cities and towns would have to pony up the remaining $11.1 million.

That means Pawtucket would be hit with a bill totaling $712,705; Woonsocket would have to pay $559,008; Central Falls’ portion would be $215,638; Cumberland would face a bill of $273,360; Lincoln, $226,689; and North Smithfield $153,161. The costs would come in the fiscal year that begins July 1, 2015.

Full story appears on page A1 of Tuesday's Times and Tuesday's Call.

 

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