" Mr Almonte when you worked for 2 speakers making your 100+ thousand in your state vehicle, you really never brought to light anybody's pension issues. So your silence was deafening."
Joe Polisena
4-28-14 Pension study commission
" Now Johnston is obviously in decent shape" Joe Polisena April 28 2014
Funding Improvement Status Report from Pension Commission
4-28-14
Rhode Island Town
|
Date FIP originally
Submitted
|
Implemented?
As of 4/28/2014
|
Estimated year town will
emerge from critical status
|
Bristol
|
November 2012
|
Yes
fully implemented
|
2021
|
Coventry Muni
|
August 2012
|
Partially implemented
closed DB plans to new hires
|
2033
|
Coventry Police
|
March 2013
|
NO
Not meeting
In Arbitration
|
2036 or later
|
Coventry School
|
November 2012
Never even approved
|
No Implementation
Dispute between town
& School :Fact finder being Hired
|
No Idea
|
Cumberland police
|
March 2013
|
No response at all
|
?
|
East Providence
|
Exempt
|
GOOGLE
|
|
Cranston
|
April 2013
|
Yes partially
|
2032
|
Johnston Police
|
January 2013
|
No
No progress made
|
?
|
Johnston fire
|
January
2013
|
No Implementation
No update on progress made
|
?
|
Jamestown
|
exempt
|
||
Lincoln
|
exempt
|
||
Little Compton
|
exempt
|
||
Middletown
|
exempt
|
||
Rhode Island Town
|
Date FIP originally
Submitted
|
Implemented?
As of 4/28/2014
|
Estimated year town will
emerge from critical status
|
Narragansett
Town plan police and
fire
|
July 2013
|
Partial
Did not receive savings
that they anticipated
|
2018 or worse
|
Newport
|
October 2012
|
Implemented
|
2023 fire
2016 police
|
North Providence
|
April 2013
|
||
Pawtucket
|
March 2013
|
Police arbitration and
negotiating
Fire in agreement
|
2023
|
Portsmouth
|
October 2012
|
Partial
Lowered ROR to 6.75%
|
2019
|
Providence
|
November 2012
|
Partially implemented
8.25% ror
|
2034
|
Scituate
|
November 2012
|
Not implemented
In arbitration
|
? 2031 or later
|
Smithfield police
|
January 2013
|
Fully implemented
|
2026
|
Tiverton Police
|
March 2013
|
Implemented
Successfully closed
amortization period
|
2016
|
Warwick
|
March 2013
|
Fully implemented
|
2032
|
West Warwick
|
December 2012
|
Revised plan April 2014
Not implemented
|
2032
|
Westerly
|
exempt
|
||
Woonsocket
|
June 2013
|
Not implemented
Closed plan being
negotiated with retiree’s
Under budget commission
|
2019
|
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