Make 630WPRO.COM your Homepage | WPRO eNews: Headlines in your inbox, weekdays at Noon

All News Stories

Taveras signs legislation suspending retiree COLA's

Posted: 4/30/2012 8:16:45 PM

Mayor Taveras signed what he is calling the Providence Pension Protection Plan this evening at the Beneficent Church.

 

The signature of the legislation which suspends  the cost of living adjustment for city retiress was done as part of a presentation to city youth on the Providence’s finances.

 

Less than an hour earlier, the city council passed the bill unanimously in a second and final vote.

 

Taveras says the new legislation will save city pensions and position Providence for the future.




(4/30/2012 10:17:25 PM)
The clock counting the amount time that passes before the first lawsuit taking issue with this very action begins NOW!.

- Frank

Add / View Comments
Advertisement:

Advertisements