January 19, 2006
Five-Year Retirement Bill Introduced in Rhode Island Legislature
State Representatives Joseph Faria (D-Central Falls) and David Laroche (D-Woonsocket) have introduced a bill in the Rhode Island House that will, according to its official description, �reduce the number of years needed to vest in the state retirement system from ten to five� (House bill 6860).
The bill has been referred to the House Finance Committee. Given that the state is facing a budget shortfall (now estimated at $77,000,000), does the Finance Committee intend to produce an estimate of how much additional taxation and/or how much in spending cuts will be required to pay for this bill?
of course not. that would require Reps. Faria and Laroche to think ahead.
Posted by: Robert at January 20, 2006 10:17 AMIt must be an election year. Is there a more obvious democratic buying of union votes? This is another disaster for the taxpayers of RI!!!
And they wonder why RI is not competitive with CT & MA?
What dopes!
Posted by: Leonard Marshall at January 20, 2006 9:00 PMI think it is time we make "stupidity beyond a reasonable doubt" a felony and lock imbeciles like Laroche and Faria up.
Posted by: Jim at January 21, 2006 12:43 PM