Pension Advisory Working Group

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.

Brief prepared by the Office of General Treasurer James Diossa

The Treasurer's office prepared a document intended to give the members of the Pension Advisory Working Group an understanding of the Retirement System and the reforms outlined in 2011.

Read the brief

Pension Advisory Group Meeting Schedule

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

NEARI testifies at Pension Advisory Group hearing

Mary Barden testifying at the Pension Advisory hearing

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

Documents and Links

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