State Government Press Releases

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05/04/2018
Treasurer Magaziner today, in his role as Chair of the Advisory Council for Locally Administered Pension Plans, released a report which details key information on the status and trends of each of the 34 locally-administered pension plans in Rhode Island. For the first time, this year's report...
05/02/2018
Rhode Island General Treasurer Seth Magaziner is leading investors in demanding answers from the nation's largest student loan servicer about its role in the growing national student debt crisis after Navient unsuccessfully attempted to blocked shareholders from voting on his proposal by appealing...
04/25/2018
Rhode Island Treasurer Seth Magaziner was one of 23 investors that have secured a commitment from banking giant Wells Fargo to publish a business standards report on the root causes of past and present fraudulent activities, along with plans to address the systemic failures which allowed unethical...
04/25/2018
The Rhode Island pension fund continued to outperform global markers in March, led by investments designed to add stability through challenging global equity markets. As global stock markets posted a 2.17 percent loss in March as markets remained volatile for the second consecutive month, the...
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...