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Archive - Oct 2011

October 27th

Local businessman gets the dirt on pension

October 27, 2011

SOUTH KINGSTOWN – In 2008, Larry Fish could sense the economy going south.

Two years later when General Treasurer Gina Raimondo promised to remake the state pension system that was dragging finances across cities and towns, Fish found hope in a dismal business climate.

Source 
Southern Rhode Island Newspapers

Four Chariho students injured in car crash

October 27, 2011

CHARLESTOWN - Four Chariho High School students suffered serious injuries and were hospitalized following a single-car crash that took place on Carolina Back Road (Route 112) during the early morning hours of Sunday, Oct. 23.

Source 
Southern Rhode Island Newspapers

October 26th

Rams send Hens back to the barn

October 27, 2011

KINGSTON — Leading by just three points in the third quarter against No. 16 Delaware Saturday, the University of Rhode Island football team’s defense found itself in the same position it’s been in numerous times this season.

Alfred, O’Neill support new state pension plan

October 27, 2011

SOUTH KINGSTOWN – Town Manager Stephen A. Alfred said he supports the proposed state pension plan announced last Tuesday during a special legislative session at the State House in Providence.

Source 
Southern Rhode Island Newspapers

RI commercial fishing results revealed

October 27, 2011

NARRAGANSETT — Members of the Commercial Fisheries Research Foundation (CFRF), the National Marine Fisheries Service (NMFS), and other local commercial fishermen and marine science researchers gathered Wednesday evening to unveil the results of the Cornell Cooperative Extension Marine Program’s (CCEMP) study, “Rhode Island Commercial Fishing and Seafood Industries-The Development of an Industry Profile.”

Source 
Southern Rhode Island Newspapers

Pension plan unveiled by state leaders

October 27, 2011

PROVIDENCE – A new hybrid plan that combines a traditional pension guarantee with a 401(K)-style plan, a suspension of cost-of-living increases for Rhode Island’s retired government workers for up to 19 years, and a higher retirement age up to 67 years old for current workers 51 years of age are what Governor Lincoln D. Chafee and General Treasurer Gina M. Raimondo propose will save the state from its only 48 percent funded pension system and $7 billion unfunded liability.

Source 
Southern Rhode Island Newspapers

Neill leads Rebels in OT upset over Portsmouth

October 26, 2011

SOUTH KINGSTOWN – When the lights are at their brightest, good players need to become great.

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