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December Artwork Exhibit at Kettle Pond Vistor Center 10 a.m. - 4 p.m. Charlestown

Nature Cruise 11 a.m. - 12:30 p.m. Westerly

Hope Valley Indoor Winter Farmers Market 11:15 a.m. - 1:30 p.m. Wyoming

Saturday Movies for Kids Noon - 1:30 p.m. Westerly

Nature Cruise 1 p.m. - 2:30 p.m. Westerly

Family Movie 1 p.m. - 2:45 p.m. Charlestown

Barefoot Bluegrass Christmas Music 5 p.m. - 6 p.m. Charlestown

Free community dinner 5:30 p.m. - 6:30 p.m. Carolina

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Moody’s issues warning on collapsed pension deal


PROVIDENCE (AP) — A bond rating agency has issued a warning over the collapse of the proposed settlement of the court challenges to Rhode Island’s pension overhaul.

Moody’s Investors Service calls the failed settlement a “credit negative” for the state and municipalities. The agency says it “prolongs uncertainty over the timing and cost of resolution of this bellwether pension reform” and risks about $400 million in savings annually.

The settlement announced in February was an attempt to resolve the challenges filed by public-sector unions and retirees. But one of the six groups that had to ratify it, police union members, rejected it in mail balloting.

The litigation is now continuing. A trial has been scheduled for September.

Moody’s had earlier praised the settlement deal as a “credit positive.”



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