Providence officials drumming up support for pension bond plan

PROVIDENCE and state officials are working to drum up support for legislation to let them borrow money for the city pension fund. PBN FILE PHOTO/CHRIS BERGENHEIM
PROVIDENCE - The clock is ticking down on the General Assembly’s 2021 legislative session, but city officials are still trying to get lawmakers' support for a proposal to borrow money to shore up Providence's struggling pension fund. Legislation introduced by Rep. Scott Slater, D-Providence, authorizing the city to borrow up to $750 million to invest…

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