State Government Press Releases

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02/28/2018
Rhode Island's pension fund continued to deliver strong performance in January, earning $254.8 million, and outperforming the plan's investment benchmark, as well as a standard 60% global equity / 40% fixed income benchmark. "Rhode Island's pension fund continues to grow stronger and healthier,
02/26/2018
Rhode Island General Treasurer said the following in response to a poll, conducted by the Hassenfeld Institute for Public Leadership at Bryant University, which showed super-majority support for the $250 million statewide school repair bond proposed this year: "Rhode Islanders are clearly ready...
02/16/2018
Rhode Island Treasurer Seth Magaziner yesterday sent a letter to the U.S. Securities and Exchange Commission in response to Navient Corporation's (NASDAQ: NAVI) attempt to deny shareholders the chance to vote on his proposal requesting that the company provide investors with information on the...
01/31/2018
State Treasurer Seth Magaziner today announced that the Rhode Island pension fund has co-filed a shareholder proposal at McKesson Corporation (NYSE: MCK), one of the largest pharmaceutical distributors in the United States, requesting full disclosure of the pharmaceutical giant's direct and...
01/24/2018
Rhode Island's pension fund earned more than $1.09 billion from investments in 2017 bringing the fund's value to $8,420,929,978, the highest in more than a decade. "In 2017 we took our investment strategy Back to Basics and delivered strong returns that are helping the pension fund get stronger,"
01/22/2018
Rhode Island Treasurer Seth Magaziner and the national coalition Investors for Opioid Accountability have thwarted an attempt by pharmaceutical distributor AmerisourceBergen to deny shareholders' efforts to obtain information about the company's response to the U.S opioid crisis. "Opioid-...
01/16/2018
Rhode Island General Treasurer Seth Magaziner today made the following statement in response to Governor Gina Raimondo's pledge to prioritize school construction in tonight's State of the State address: "Fixing Rhode Island's aging school buildings must be a priority. I was honored to co-chair...
12/21/2017
Rhode Island's pension fund continues to deliver strong performance, earning $101.3 million in November, which brings investment earnings over the past 12-months to $1.1 billion, and the fund's value to a decade-high $8.34 billion. "The health of Rhode Island's pension fund is improving," said...
12/19/2017
Rhode Island General Treasurer Seth Magaziner has joined a coalition of 11 state and local Treasurers and Comptrollers in calling on the Environmental Protection Agency (EPA) to halt the Trump administration's repeal of the Clean Power Plan - an EPA regulation that significantly reduces greenhouse...
12/14/2017
The Rhode Island School Building Task Force, chaired by General Treasurer Seth Magaziner and Education Commissioner Ken Wagner, has developed a plan to make a once-in-a-generation investment to public schools throughout the state. "Every child deserves to go to a school that is warm, safe, dry...