Providence voters back city pension obligation bond

Nancy Lavin

06/08/2022

PROVIDENCE VOTERS overwhelmingly backed the city's $515 million pension obligation bond proposal in a Tuesday special election. / PBN FILE PHOTO/MIKE SKORSKI PROVIDENCE

PROVIDENCE – Providence voters overwhelmingly backed the city’s plan to borrow money to pay down its unfunded pension liability, according to unofficial election results as of Tuesday night. Seventy percent of those who voted - about 3,500 people - said ‘yes’ to the proposed $515 pension obligation bond, which was the only question on the…

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