Statement from Council President John Igliozzi on voter approval of city issuing a $515 million pension obligation bond

Jun 7, 2022 | 0 comments

“Thank you to all the Providence residents who took the time and voted in today’s special election. Your voice counts. I believe the city should issue a pension obligation bond to help mitigate our struggling pension system. The overwhelmingly affirmative vote today is one more step in the process, which if passed next by the General Assembly, will place the city on a path to predictably budget pension payments and not crowd out essential city services that residents depend on.”

Chinese (Simplified)EnglishHaitian CreoleSpanish