Skip to content

CF retirees vote for 1) more time; 2) no deal

July 29, 2011

A statement from receiver Robert Flanders, via Governor Chafee’s office, has this to say about a vote of the Central Falls retirees:

The Office of the Receiver has received 106 ballots from Central Falls Police & Fire retirees and beneficiaries. Of these, 12 retirees/beneficiaries voted to accept the voluntary concessions necessary to affect a viable and feasible turnaround plan for the City (9 of whom did not have their pension benefits reduced by the proposal and therefore would create no savings to the City). Of the remaining 129 retirees and beneficiaries who were sent ballots, 37 voted to reject the proposal, 57 requested additional time to decide whether or not to accept or reject the proposal, and 35 did not respond. 

In addition to the ballot results, the Office of the Receiver is reviewing the status of union negotiations in deciding upon the best possible course of action to put the City of Central Falls on solid financial footing. An announcement is expected Monday morning.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: