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Locally run pension plans in R.I. have $2.5 billion in unfunded liability

APRIL 30, 2019 | by Katherine Gregg | PROVIDENCE JOURNAL (RHODE ISLAND)

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.

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