Official State of Rhode Island website

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State of Rhode Island Office of the General Treasurer James A. Diossa, General Treasurer

Richard Pendola

Date

2024-01-27

As a 28 year employee of a RI Public School System, I contributed a great deal of my earnings to this retirement system.

During my tenure, every $100 I contributed was indeed worth $100. As a retiree, every $100 I now receive is worth far less. Paying 15 to 20 percent more for goods and services is tantamount to receiving 15 to 20 percent less in my retirement check. It's time to revive COLA and preferably retroactively. Show us retirees a little consideration and respect.

Additionally, to try and make ends meet, I currently hold an adjunct teaching position at CCRI. Here too I am stifled by a limit on what I am allowed to earn. I understand the need to take responsible steps to remain solvent but I would hope that ERSRI would also take steps to be responsible for the well-being of their retirees.

Submitted via online webform