Pension Problem Far From Over, says Cranston Businessman

There was no tax increase this year and the city was spared major personnel cuts thanks to a levelling economy and stabilizing city budget.

But that doesn't mean union members can forget about making additional concessions, said John Hazen White Jr., the owner of , one of Cranston's largest manufacturers.

In a recent blog post on Lookout RI, Hazen White Jr. said Cranston Mayor Allan W. Fung told him "that his unions see no tax increase occurring or further personnel cuts happening to reduce the city’s payroll and take that to mean that the city is fine with the way things are and union concessions aren’t needed."

But, "as the mayor conceded, nothing could be further from the truth," Hazen White Jr. wrote. "Thankfully, Governor Chafee intends to bring his pension relief plan back next year."

Click HERE to read the full blog post.