State Government Press Releases

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04/16/2018
Treasurer Magaziner tomorrow will convene the fourth meeting of the Rhode Island Financial Empowerment Roundtable, bringing together stakeholders from government, non-profits, education, businesses, and banking to network and share ideas on how to expand financial empowerment in the Ocean State.
04/03/2018
PROVIDENCE, RI Treasurer Magaziner will kick off a month-long series of events across the State to highlight the importance of financial literacy in Rhode Island, in recognition of Financial Literacy Month. "Economic prosperity is directly tied to empowering ourselves and our families with...
03/28/2018
Following a 15-month period of growth, global stock markets posted a 4.07 percent loss in the month of February. During this volatility, the Back to Basics investment strategy brought stability to Rhode Island's pension fund, resulting in a -2.64 percent return on the month, outperforming the...
03/28/2018
Treasurer Magaziner's YOUR MONEY program, which automatically reunites Rhode Islanders with their unclaimed property, received recognition from The Unclaimed Property Professionals Organization (UPPO), a national nonprofit. "We created YOUR MONEY so that Rhode Islanders can receive their...
03/22/2018
General Treasurer Seth Magaziner today joined a chorus of parents, students, educators, community leaders and lawmakers making the case for a statewide investment in public school buildings to members of the Rhode Island House of Representatives' Finance Committee. "As a former teacher, I know...
03/07/2018
Rhode Island Treasurer Seth Magaziner today released Treasury's 2017 Annual Report which highlights progress made toward improving the state's economy, strengthening its pension system and finding ways to put Treasury's resources to work for Rhode Islanders. "As Treasurer, I remain committed...
03/06/2018
In response to investor demands, Wells Fargo will publish a report on the root causes of unethical and illegal behavior at the bank and its impact on customers and investors; along with and a detailed plan for corrective action going forward. "Investors and customers deserve information on the...
03/02/2018
Rhode Island Treasurer Seth Magaziner joined investors from across the country in demanding that AmerisourceBergen, the nation's third largest drug distributor, publicly address opioid-related business risks. "Opioid-related deaths in Rhode Island are a public health crisis. With this vote,...
02/28/2018
Treasurer Magaziner has recommended, and the State Investment Commission has approved, a new socially responsible investment option -which excludes companies that manufacture firearms- for Rhode Island's 401(a) Defined Contribution plan. "We know that members are interested in having their...
02/28/2018
Rhode Island's pension fund continued to deliver strong performance in January, earning $254.8 million, and outperforming the plan's investment benchmark, as well as a standard 60% global equity / 40% fixed income benchmark. "Rhode Island's pension fund continues to grow stronger and healthier,