St. Joseph Pension Plan, UHIP Progress & More: This Week at the State House
Saturday, May 12, 2018
The Senate passes legislation to help St. Joseph pension plan members, an update on UHIP Progress and more. This week at the State House.
Senate OKs bill to create Aging and Disability Resource Center
The Senate approved legislation sponsored by Senate Majority Whip Maryellen Goodwin (D-Dist. 1, Providence) to create the Aging and Disability Resource Center within the Department of Human Services’ Division of Elderly Affairs to help connect Rhode Islanders with helpful resources for long-term care. The bill now goes to the House, where Rep. Lauren H. Carson (D-Dist. 75, Newport) is sponsoring companion legislation.
Senate passes legislation to help St. Joseph pension plan members
The Senate approved legislation sponsored by Senate President Dominick J. Ruggerio (D-Dist. 4, North Providence, Providence) to better position the members of the insolvent St. Joseph’s Health Services pension plan to reach fair, equitable settlements with multiple defendants, which is a possible outcome of the case. The bill now goes to the House, where House Majority Leader K. Joseph Shekarchi (D-Dist. 23, Warwick) has introduced companion legislation.
Sen. Da Ponte bill that protects pensions during hospital sales passed Senate
Sen. Daniel Da Ponte’s (D-Dist. 14, East Providence) legislation that would require the general treasurer to conduct a review of any defined pension plans involved in the sale and acquisition of any hospital that are not covered by the Employee Retirement Income Security Act of 1974 was passed by the Senate. The legislation was in response to the collapse of the St. Joseph Health Services pension fund.