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NEW: Rhode Island Pension Lawsuit Update Postponed

Wednesday, February 12, 2014

 

The U.S. Federal Mediation and Conciliation Service announced this morning that today's previously scheduled announcement on the pension reform lawsuit decision has been postponed.  

See Release BELOW

WASHINGTON, DC – At the joint request of attorneys for the State and for Rhode Island public employee unions and retirees, the Federal Mediation and Conciliation Service (FMCS) announced that the press conference previously scheduled for today at 2:30 pm has been postponed, as the parties continue to talk and work with federal mediators.

The parties remain under the court-mandated confidentiality order. Further updates as to scheduling will be available through FMCS, when appropriate.

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The U.S. Federal Mediation and Conciliation Service, created in 1947, is an independent U.S. government agency whose mission is to preserve and promote labor-management peace and cooperation. Headquartered in Washington, DC, with 10 district offices and 68 field offices, the agency provides mediation and conflict resolution services to industry, government agencies and communities

 

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Comments:

catherine celeberto

If you are an ERSRI retiree and you won't accept any decision that does not restore your COLA in its entirety,please email : ersriretireesunited@aol.com

paul zecchino

Sounds like the brash, truculent one who grabbed the COLAS from retirees has realized that anyone can get the goods, but getting away with it is the hard part.

The hedge fund cronies won't give the two billion back, and they've already 'lost' two hundred million of that to 'save the pension'.

What to do? Put off the day of reckoning until after the democract primary, to avoid voter reprisals.

How very clever. By half.




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