Pension changes to address the reforms enacted in 2011 are a top priority for NEARI in 2024.
As directed by the General Assembly and required by Rhode Island Law, the General Treasurer has convened a Pension Advisory Working Group to assess the impacts of the Rhode Island Retirement Security Act of 2011. The Advisory Working Group is scheduled to meet six times over the next four months, beginning Thursday, November 2, 2023, at 4:00 p.m.
PAWG is scheduled to meet six times as a full body on the dates below. The meetings will take place at 4:00 P.M. and are open to the public. Meeting dates, times, and location are subject to change. The current schedule as of now is as follows:
November 2, 2023
November 30, 2023
December 14, 2023
January 17, 2024
January 31, 2024
February 21, 2024
Executive Director Mary Barden and Vice President Amy Mullen testified at the second session of the Pension Advisory Working Group empaneled by General Treasurer James Diossa. The group is tasked with assessing the impacts and unintended consequences of the Rhode Island Retirement Security Act of 2011. The panel meetings will continue through early 2024 before the group prepares a report containing the findings and proposed options for consideration by the governor, speaker of the house and president of the senate by March 1, 2024. Watch the testimony here
For a full selection of documents and meeting materials from the Advisory Group, visit Treasury.ri.gov and click Meeting Materials in the left-side tab
Advisory Group Actuarial Impact (PDF) January 31, 2024
Pension Advisory Working Group Options for Consideration January 17, 2024
NEA Retired President Ray Pouliot testimony December 14, 2024