Poll: Should We All Pay to Fix RI's Pension System?
Vote in our poll and share thoughts in the comments section.
Rhode Islanders are just days away from seeing a legislative proposal that would overhaul the state's pension system, creating a whole new retirement plan for public workers that, according to the Associated Press, would include raising retirement ages and halting any cost-of-living adjustments for retirees.
After years of living under a broken pension plan, Gov. Lincoln Chafee told the Providence Journal on Thursday that he thinks all of Rhode Island's taxpayers — even those who don't work as government employees — should "share" the "sacrifice" in fixing the system that so many Rhode Island community and state employees, and school teachers, depend on.
While no tax increase is anticipated in the proposal that comes out next week, Chafee did say he thinks taxpayers could end up paying a lot over time as the pension debt payments gets stretched out over years.
We want to know: do you think we should all share the burden in fixing this state problem? Vote in our poll and share your thoughts in the comments section below.