State Government Press Releases

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09/27/2018
Rhode Island will be voting against more compensation packages for corporate executives if the pay is not aligned with company performance, state treasurer Seth Magaziner announced today. "At a time when income inequality has grown to alarming levels in our country, investors like the pension...
09/26/2018
The State's investment strategy earned 0.96 percent during the month of August, outperforming its benchmark return of 0.88 percent and continuing to deliver strong returns for the pension fund. "Our members deserve a stable and healthy retirement system," said Treasurer Magaziner. "The Back...
09/21/2018
Rhode Island Treasurer Seth Magaziner today issued an overview of the actions his office has taken this year to strengthen corporate accountability at hundreds of publicly traded companies in which the state's pension fund invests. Each year, publicly traded companies seek votes from...
09/17/2018
September 17, 2018: Rhode Island's 529 education savings plan, CollegeBound, has been rated as one of the best plans in the country by Savingforcollege.com, an independent authority on 529 savings plans, receiving five out of five in its "5-Cap" rating system for Rhode Island residents. "The...
09/10/2018
Students who witnessed the shooting outside Providence Career and Technical Academy last Thursday are eligible for a $1,500 reimbursement for mental health counseling through the Crime Victims Compensation Program administered by the Office of the General Treasurer. "Communities throughout...
08/29/2018
The Government Finance Officers Association (GFOA) has awarded Employees' Retirement System of Rhode Island a "Certificate of Achievement for Excellence in Financial Reporting", its highest form of recognition in governmental accounting and financial reporting, for its 2017 Comprehensive Annual...
08/23/2018
Rhode Island's pension fund continued to deliver strong performance under Treasurer Magaziner's Back to Basics investment strategy earning $125 million in July. That 1.51 percent return on the month finished ahead of the fund's benchmark which returned 1.31 percent. The positive performance was...
08/08/2018
PROVIDENCE, R.I. - Rhode Island General Treasurer Seth Magaziner today announced that his office reunited nearly 50,000 people with unclaimed property in the fiscal year than ended on June 30, 2018, nearly five times the amount of any previous year. This increase is due to the launch of the...
07/24/2018
Rhode Island's Crime Victim Compensation Program is collaborating with the State of Nevada to assist with outreach efforts to ensure that everyone in attendance at the Route 91 Harvest Festival during the October 1, 2017 shooting, knows how to apply to the Nevada Victims of Crime Program for...
07/23/2018
General Treasurer Seth Magaziner today announced that the State's pension fund finished its fiscal year ahead of its investment target and benchmarks. The fund returned 8.03 percent in the fiscal year ending June 30, 2018, ahead of its 7.0 percent annual target and ahead of its own benchmark...