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FinCom election set for Monday; Igliozzi to be ousted after pension reversal

May 4, 2012

One day after announcing his reversal on an overhaul of Providence’s pension plan, John Igliozzi, the chairman of the City Council’s Finance Committee since 2007, is poised to lose that position.

An election to pick a successor to Igliozzi is set for 5 pm Monday.

Council Majority Leader Seth Yurdin says the meeting was called by three members of the Finance Committee. Yurdin says Igliozzi will remain the chairman until he resigns or is unseated during an election.

Igliozzi could not be reached for comment. Yurdin says, “Over the past couple of days it’s become pretty clear that Coucilman Igliozzi has gone in a pretty different direction than the rest of the council on the critical issue of pension reform.”

Yurdin says he’s heard that Councilor David Salvatore, who led drive for the pension overhaul, is the favorite to succeed Igliozzi.

Asked if leadership sought Igliozzi’s ouster, Yurdin said, “I think the entire council’s concerned and I think that the members of the Finance Committee are going to move forward with this election.”

Igliozzi is part of  a prominent political family from Providence’s Silver Lake section, a once mostly Italian-American area that has become dominated by Latinos in the last decade. His brother, former state senator David Igliozzi, ran unsuccessfully for mayor in a four-way Democrat primary in 2002.

Besides Igliozzi, Ward 12 Councilman Terry Hassett also announced Thursday he wanted to reverse course on a pension overhaul he had backed three days earlier. Hassett has been considering running for secretary of state in 2014.

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