State Government Press Releases

Page 1 of 19
04/09/2019
General Treasurer Seth Magaziner today will join legislative leaders to testify in support of legislation that would require pension plans managed by religious organizations in Rhode Island to send regular updates on the financial health of the pensions to their plan participants. "There are...
04/04/2019
Rhode Island Treasurer Seth Magaziner has successfully resolved a shareholder engagement with Mastercard, following an agreement by the company to significantly increase its public disclosure of lobbying expenses "As long-term investors in Mastercard we believe that full disclosure of the...
03/29/2019
PROVIDENCE, R.I. Rhode Island's pension fund earned $106 million from investments in the month of February, posting a 1.31 percent return. The positive performance was driven by the investments in the global stock market - mostly low fee index funds designed to provide long-term growth. "Rhode...
03/28/2019
Rhode Island Treasurer Seth Magaziner and Attorney General Peter Neronha today joined Senator Dawn Euer (D- Dist. 13, Jamestown, Newport) and Representative Joseph McNamara (D-Dist. 19, Warwick, Cranston), along with Brenda Dann-Messier, Commissioner of Postsecondary Education, and Liz Tanner,...
03/25/2019
General Treasurer Seth Magaziner today released his Office's 2018 Annual Report, which highlights work to support small businesses, make a once-in-a-generation investment in schools across Rhode Island, and how his office is returning millions of dollars in unclaimed property back to its rightful...
02/28/2019
Rhode Island's pension fund earned $323 million from investments in the month of January, a 4.14 percent return that finished ahead of the fund's benchmark which returned 3.60 percent. The positive performance was driven by the investments in the global stock market - mostly low fee index funds...
02/25/2019
In response to shareholder engagement led by Rhode Island General Treasurer Seth Magaziner, Archer Daniels Midland (ADM), one of largest agricultural processors in the world, has agreed to assess the feasibility of adopting quantitative, company-wide goals for reducing the company's greenhouse gas...
02/07/2019
Rhode Island General Treasurer Seth Magaziner has been appointed chair of the Pension & Trust Investment Committee of the National Association of State Treasurers (NAST), a bipartisan association comprised of state treasurers and state finance officials. "NAST provides valuable resources to...
02/06/2019
Rhode Island General Treasurer Seth Magaziner has filed a motion calling for a system to protect low and moderate-income households from unaffordable sewer rates that are scheduled to increase 34 percent in the coming years as the Narragansett Bay Commission embarks on more than $700 million in...
02/01/2019
Rhode Island Treasurer Seth Magaziner is, today, hosting his second annual "Job Shadowing" day for high school students from cities and towns across Rhode Island. "As a former teacher, I know that educators are always looking for new, innovative ways for students to learn. For high school...