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The retirees won't step up unless the city is going bankrupt. Thats what it took in Providence, and now some of those retirees may opt out of the deal and sue the city. If that happens I hope the whole deal is nullified and Providence goes bankrupt. I wonder how the Providence retirees would like to have their pensions cut in half.Central Falls went bankrupt and the earth stayed on its axis. If Providence got a chance to renegotiate its contracts and rework its debt it might set the course for the rest of the state. Or the retirees can shut up and pitch in just like the unions, business community, and taxpayers have.

From: Union president feels ’spin’ distorts worker sacrifices

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