Rhode Island State Treasurer Gina Raimondo in her report, "Truth in Numbers: The Security and Sustainability of Rhode Island's Retirement System," June 2011, told the electorate that any comprehensive solution to the state pension's funding shortfall had to include "modifications" to the cost-of-living-adjustments promised to state workers.
http://www.forbes.com/sites/edwardsiedle/2013/04/16/rhode-island-pensioners-3-colas-will-help-pay-wall-street-high-rollers-4-fees/
http://www.forbes.com/sites/edwardsiedle/2013/04/16/rhode-island-pensioners-3-colas-will-help-pay-wall-street-high-rollers-4-fees/
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