HB 8506: AN ACT RELATING TO TOWNS AND CITIES -- RELATING TO CENTRAL FALLS PENSION PLAN
HB 8506 status: To Governor — 06/26/2026 Effective without Governor's signature (updated Jun 26, 2026).
What this bill does
Overall score
Bill summary
OfficialStarting July 1, 2026, the city of Central Falls will update its pension rules for union employees to match the terms agreed upon in their latest contracts.
Key analysis
Impact analysis
Environment
Benefits
- No direct environmental impact
Risks
- No direct environmental impact
Economy
Benefits
- Potential for stabilized municipal labor costs
Risks
- Unknown long-term impact on municipal pension liabilities
Society
Benefits
- Aligned with agreed-upon collective bargaining outcomes
Risks
- Direct effect on pension structure for municipal employees
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
The specific long-term fiscal impact on the Central Falls pension fund is unknown without detailed actuarial data
Analysis based solely on the legislative abstract
Where it stands
Introduced
CompleteCommittee
CompleteFloor
CompleteGovernor
Current06/26/2026 Effective without Governor's signature
Enacted
UpcomingHow it affects your district
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