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The next chapter

Are you or any of your employees slated to retire within the next five years? Yes: 83% No: 17% Unsure: 0% How many employees are enrolled in a...

Providence officials drumming up support for pension bond plan

PROVIDENCE - The clock is ticking down on the General Assembly’s 2021 legislative session, but city officials are still trying to get lawmakers' support...

Elorza unveils pension reform plan through $700M bond

PROVIDENCE – The city of Providence is asking the state to let it borrow up to $704 million to aid its beleaguered pension fund,...

Providence City Council approves police union contract with wage hikes, increased...

PROVIDENCE – The beleaguered Providence pension fund will get a $31 million boost under the new contract between the city and the Fraternal Order...
R.I. GENERAL TREASURER Seth Magaziner penned a letter to Rhode Island's lenders, urging them to process Paycheck Protection Program loan applications for all qualified small businesses in Rhode Island, not just for existing customers. / PBN FILE PHOTO/MICHAEL SALERNO

R.I. pension system again recognized for transparency

PROVIDENCE – For the third year in a row, Rhode Island's pension system has earned a certificate of achievement for transparency in financial reporting...
John Goncalves /  Courtesy John Goncalves

Five Questions With: John Goncalves, Providence city councilman

1. How has your professional background prepared you for the new role as councilman representing Ward 1 in Providence, which includes Fox Point? First,...
PROVIDENCE MAYOR Jorge O. Elorza is warning that a new R.I. Supreme Court ruling will create "ballooning pension payments" for the city. PBN FILE PHOTO/STEPHANIE ALVAREZ EWENS

Providence could be hit with ‘ballooning pension payments’ after court ruling

PROVIDENCE – Amid the financial hardships posed by COVID-19, the city has been hit with a new expense: up to seven years of cost-of-living...

Hackers targeting municipalities, states

A recent cybertheft of $4.2 million from the Oklahoma Law Enforcement Retirement System and resulting FBI probe has the attention of Rhode Island and...

Pawtucket reaches pension settlement with public-safety retirees

PAWTUCKET – A settlement has been reached between the city and the Pawtucket Public Safety Retirees Association, which filed a class action lawsuit in...

City again eyes water-system lease

As the saying goes, if at first you don’t succeed – try, try again. That’s what Providence Mayor Jorge O. Elorza is doing with...
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