Bill proposes $76 million infusion from state, as well as sweeping contribution and COLA changes.
Legislation mandating stiff rules on state educators is scaled back after consistent opposition.
Asset Management Culture
Rhode Island city had been sued for suspending police, firefighter COLAs.
Cuts are expected to save pension an estimated $3.44 billion.
High court reluctantly rejects challenge to 10-year suspension of COLAs.