Cranston Moves to 5th on Rhode Island terrible 10 list

Rhode Island	Pension DEBT per household	Uaal/per capita	Pension UAAL as % payroll	Funded ratio
TEAM PROVIDENCE	$19,716	$7,583	999%	21%
West Warwick  Moody’s adjusted	$14,685	$5,648	1087%	15%
Newport	$13,411	$5,158		41%
Johnston                              riley/Moody’s  adjusted	$13,107	$5,041	1606%	21%
CRANSTON                                adjusted Riley,moodys,Gasb	$12,707	$4,887	9526%	14%
Rhode Island	Pension DEBT per household	Uaal/per capita	Pension UAAL as % payroll	Funded ratio
Coventry                    riley/Moody’s  adjusted	$10,350	$3,981	992%	14%
WARWICK ADJ April 2014	$9,255	$3,559	1146%	33%
NARRAGANSETT  Moody's Riley Gasb	$9,201	$3,539	474%	52%
East Providence   Adj google gasb riley	$6,423	$2,470	928%	47%
PORTSMOUTH town	$5,806	$2,233	457%	48%

         

              Central Falls recently exited Chapter 9, the pension DEBT per household prior to receivership was  $ 6423.  Today April 23, 2014 nine of the current ten worst pension debt per household towns in Rhode Island exceed that figure.

              The top 25 largest cities in America Including Detroit, NYC and Chicago have a median Household pension debt of $4406. Rhode Island is in CRISIS mode and is far worse than anywhere else in America.