Janet Richardson

Date
2024-01-23

The on going decline in the value of Rhode Island municipal and state retirees has gone well beyond what is fair to those of us who dedicated our entire working lives to a system that promised the earned benefits we all paid in to.  When the pension system was deemed in danger of failing in 2011 the public sector employees and retirees did their part to help shore up the neglected system.  We saw no pension administrators anywhere called to task for failing to do their fiduciary obligations in municipal nor state departments. 2022 was particularly detrimental to our pension payouts, which is on top of the average 2 to 4 percent inflation per year since 2011.

It is time to right this injustice.

Submitted via email