Providence Mayor Angel Taveras has struck a landmark deal with city workers and retirees that could save the capital from bankruptcy by scaling back future pensions, freezing cost-of-living adjustments and restructuring health benefits, WPRI.com has learned.
Taveras Administration, Retirees, Police and Firefighters Reach Historic Tentative Agreement on Pension Reform Tentative settlement heads off high-stakes legal battle, saves Providence from looming bankruptcy...
Text and information from Providence Mayor Angel Taveras' FY 2013 budget.
Mayor Angel Taveras warns of receivership and bankruptcy if Providence cannot get concessions from retirees and non-profits.
Greater City Providence
Jef Nickerson
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