Providence, Rhode Island, asks retirees to accept less - Reuters
03/03/12
![]()
Providence, Rhode Island, asks retirees to accept less
Reuters
As pension and retiree health costs rise in cities across the country, hard-pressed mayors have used the threat of a Chapter 9 bankruptcy filing to extract concessions from public worker unions and retirees. But actual filings have been rare.
[more]
Reuters
As pension and retiree health costs rise in cities across the country, hard-pressed mayors have used the threat of a Chapter 9 bankruptcy filing to extract concessions from public worker unions and retirees. But actual filings have been rare.