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A $500 MILLION PENSION obligation bond issue had been given the go-ahead by state legislators and Providence voters in order to ease the city's pension problems, but rising interest rates have put that bond issue in question. / PBN FILE PHOTO/CHRIS BERGENHEIM

Providence $500M bond issue to ease pension woes in jeopardy because...

Rising interest rates have thrown a monkey wrench into Providence’s plan to borrow $500 million to ease its deepening pension problems, and some say...
Joseph R. Paolino Jr.

Regionalizing R.I.’s pensions could save us

There is no avoiding the disastrous consequences of Providence’s $1.2 billion unfunded pension liability. In fact, the argument could be made that the city...

Providence pension fund ends final investment with Raimondo venture capital firm

PROVIDENCE – The city pension fund no longer includes any investments with Gov. Gina M. Raimondo’s former venture capital firm. The city’s last remaining fund...
Mark Tracy

Providence pension crisis won’t vanish on its own

As the long-term economic effects of the pandemic are felt, the Providence pension fund crisis is entering its final act. Providence owes its pensioners...
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