State Government Press Releases

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11/18/2015
PROVIDENCE, RI General Treasurer Seth Magaziner today announced the selection of a leading global investment management firm and the nation's largest administrator of 529 college savings programs to manage Rhode Island's CollegeBoundfund. Invesco will manage the investments of the state's $7...
11/12/2015
PROVIDENCE, RI -- General Treasurer Seth Magaziner today announced the Employees' Retirement System of Rhode Island has pursued leadership roles in two class action lawsuits against fossil fuel industry giants BP and Plains All American for oil spills that harmed investors and hurt the environment.
10/20/2015
NAST resolution builds on Treasurer Magaziner's advocacy for stronger federal regulation of the industry NASHVILLE, TN Rhode Island General Treasurer Seth Magaziner applauded today's action by the National Association of State Treasurers (NAST) to pass a resolution he helped write that calls...
09/23/2015
PROVIDENCE, RI General Treasurer Seth Magaziner today announced his appointment of Jeff Padwa as Chief of Staff for the Rhode Island Treasury. Padwa has served as Deputy Treasurer and Chief Legal Counsel in the Treasurer's Office since January 2015; in that role, he successfully represented...
09/22/2015
General Treasurer Seth Magaziner today provided a market update to discuss the impact of August's sharp stock market decline on the investments of everyday Rhode Islanders and the state's pension system. "Financial markets can be volatile and uncertain," Magaziner said during a five-minute...
09/11/2015
PROVIDENCE, RI Stressing the importance of helping families save to prepare for higher education costs, General Treasurer Seth Magaziner today announced that all Rhode Islanders who open a CollegeBoundfund account during September 2015 will receive a $25 account contribution. Families can visit...
07/22/2015
More than $100 million in savings will be used to fund economic development and school construction PROVIDENCE, RI General Treasurer Seth Magaziner today announced the results of a successful $175 million General Obligation bond refunding. The debt restructuring will fund economic...
07/22/2015
PROVIDENCE, RI Rhode Island General Treasurer Seth Magaziner announced the formation of a national coalition of public pension leaders overseeing approximately $1 trillion in assets, joining together to call on the Securities and Exchange Commission (SEC) to strengthen transparency of private...
07/20/2015
General Treasurer Magaziner Continues Making Results Easily Accessible PROVIDENCE, RI - General Treasurer Seth Magaziner today released investment performance data for the Employees' Retirement System of Rhode Island for the June quarter and fiscal year. Summarizing results on a quarterly basis...
07/09/2015
PROVIDENCE, RI A bold, new action plan spearheaded by General Treasurer Seth Magaziner that will put Rhode Islanders back to work and energize the state's clean energy economy was signed into law today by Governor Gina M. Raimondo. The Rhode Island Infrastructure Bank (RIIB) is one of several...