State Government Press Releases

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PROVIDENCE, R.I. - General Treasurer Gina M. Raimondo today announced that Rhode Island has sold $31,980,000 Certificates of Participation (COPs) issue, which included $7 million in orders from Rhode Island retail (or individual) investors, who were given purchase priority. The funds will be used...
07/14/2011
PROVIDENCE, R.I. - General Treasurer Gina M. Raimondo today announced the launch of the state’s first investor relations portal, along with other upgrades related to improving the disclosure of state financial information in advance of two upcoming bond offerings. “After months of hard work,...
06/25/2011
PROVIDENCE, R.I. - On Monday, Governor Lincoln D. Chafee and General Treasurer Gina M. Raimondo will offer opening remarks at the first meeting of the Pension Advisory Group. The Governor and Treasurer have pledged to work together through the summer to craft a comprehensive solution for state...
06/24/2011
PROVIDENCE, R.I. – General Treasurer Gina M. Raimondo today praised the General Assembly for passing legislation creating a local government investment pool (LGIP). The LGIP, one of Raimondo’s top legislative priorities, will help the state and municipalities better manage and improve the...
06/15/2011
PROVIDENCE, R.I. – Governor Lincoln D. Chafee and General Treasurer Gina M. Raimondo today announced their partnership to work through the summer to craft a comprehensive solution for state pension system reform. In an effort to keep the community and all stakeholders involved during this process...
05/25/2011
PROVIDENCE, RI - Today, Rhode Island General Treasurer Gina M. Raimondo, along with Governor Lincoln D. Chafee, called for action in tackling the state’s $6.8 billion pension crisis – a crisis decades in the making that must be solved to preserve public vital services, and grow the state’s economy.
05/17/2011
PROVIDENCE, R.I. - General Treasurer Gina M. Raimondo today announced that last week her office engaged the services of Sullivan & Company, LLP of Providence, R.I. to conduct an audit of the disability pension system administered by the Employees’ Retirement System of Rhode Island (ERSRI). The...
05/06/2011
PROVIDENCE, R.I. - Governor Lincoln D. Chafee and General Treasurer Gina M. Raimondo today noted that Standard & Poor’s Rating Services (S&P) has revised its ratings outlook from negative to stable on Rhode Island’s bonds and confirmed the state’s rating of “AA” on its general obligation bonds....
04/19/2011
PROVIDENCE, R.I. – General Treasurer Gina M. Raimondo today announced that the state has retained the services of Hawkins Delafield Wood of Washington, D.C. to assist the state in updating all of its bond disclosure statements. The firm was selected as part of a request for proposal process...
04/15/2011
PROVIDENCE, R.I. – General Treasurer Gina M. Raimondo, chair of the State Retirement Board, today released the following statement regarding the April 13 Retirement Board meeting, during which the recommendations from the Actuarial Experience Study for the Six-Year Period Ending June 30, 2010 were...