A Rhode Island City Turns to Pensioners to Avoid Bankruptcy

Central Falls, R.I.'s motto is "city with a bright future," but now its tomorrows are not only bleak but could be nonexistent. The densely packed community of 19,000, comprising an area a little larger than a square mile, faces bankruptcy and is calling on its bravest and finest for help. The city's 141 retired firefighters and police officers were asked at a meeting Tuesday night to voluntarily give up as much as half of their pensions. It's called the "big ask," and with the library and...Full Story