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Treasurer: Locally Run Pension Plans In R.i. Have $2.5B In Unfunded Liability - News - Providence, Ri

by providencejournal.com posted 2months ago 108 views
PROVIDENCE — Rhode Island’s 35 locally run pension plans have close to $2.5 billion in unfunded obligations to past and present police, fire and municipal employees — led by a billion-dollar gap in the city of Providence — a newly released study shows.Almost two-thirds of the plans — 21 out of 35 — are in "critical status," which means they have [...]

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