Providence Mayor Angel Taveras met for the first time with public-safety retirees since vowing to cut their pension benefits to help close a $22.5 million shortfall this fiscal year
Attorney Joseph Penza, who represents the police and fire retirees, wouldn’t characterize Tuesday’s discussions between members of the retiree association’s board and the mayor. A spokesman for Taveras had no immediate comment on the meeting.
In his recent State of the City address, Taveras called annual cost-of-living increases of 5 and 6 percent received by about 600 public-safety retirees “unbearable and unsustainable.” He wants to freeze all retirees’ COLAs.
The city said that would save some $16 million.
Taveras is seeking voluntary concessions but has warned the cuts could be imposed in a bankruptcy proceeding.