Hospi­tal pen­sion cut plan with­drawn

Woonsocket Call - - Region / Obituaries -

PROV­I­DENCE (AP) — A court-ap­pointed re­ceiver for a se­verely un­der­funded hospi­tal pen­sion fund has with­drawn his pro­posal to cut 40 per­cent of pen­sion ben­e­fits for all cur­rent and for­mer em­ploy­ees.

Rhode Is­land Pub­lic Ra­dio re­ported that Stephen DelSesto on Wed­nes­day told a Su­pe­rior Court judge he needed to dis­cuss the re­duc­tions with lawyers rep­re­sent­ing ben­e­fi­cia­ries of the fund for about 2,700 cur­rent and for­mer work­ers of St. Joseph's and Our Lady of Fa­tima hospi­tals. The pen­sion fund was placed in re­ceiver­ship in Au­gust. Around 100 peo­ple pick­eted out­side Prov­i­dence Su­pe­rior Court and the Dio­cese of Prov­i­dence on Wed­nes­day. They said the dio­cese is partly to blame.

The dio­cese says it didn't cre­ate the prob­lem and isn't able to re­solve it.

Sen­ate Pres­i­dent Do­minick Rug­ge­rio has called for an in­ves­ti­ga­tion.

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