R.I. Treasurer Raimondo says 60-year-olds with 401(k)s typically have less than $100,000 in them

R.I. Treasurer Raimondo says 60-year-olds with 401(k)s typically have less than $100,000 in them

General Treasurer Gina Raimondo has been leading the drive to overhaul the retirement system for public employees — with its $7.3-billion unfunded liability — but has rebuffed calls from some critics to scrap the pension plan altogether.