State Government Press Releases

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08/21/2020
Rhode Island's Crime Victim Compensation Program (CVCP) made over 1,100 payments to victims of violent crimes, including 135 payments to minor children, during the fiscal year that ended on June 30, 2020. Collectively, the CVCP provided victims with over $1 million in financial support during the...
08/18/2020
The Rhode Island pension fund performed better than 87% of its peer pension funds in the Fiscal Year that ended June 30, 2020 according to new data released by Investment Metrics, formerly MSCI InvestorForce, the leading source of investment performance analytics for institutional investors. ...
07/22/2020
PROVIDENCE, R.I. Despite the unprecedented crisis experienced in global markets by COVID-19, the Rhode Island pension fund, driven by Treasurer Magaziner's Back to Basics investment strategy, finished the Fiscal Year ending June 30, 2020 with $8,469,750,816 in assets under management, a higher...
06/24/2020
The Rhode Island pension fund returned 1.69% in May, earning more than $140 million from investments, as Treasurer Magaziner's Back to Basics investment strategy continues to provide growth and stability for members of the Retirement System. Over the 12-month period ending May 31, 2020, the...
06/23/2020
Rhode Island General Treasurer Seth Magaziner today announced that Andrew Junkin, CFA has been hired as the State's Chief Investment Officer, effective June 22, 2020. Mr. Junkin served as president of Wilshire Consulting since 2015, leading a team of over 80 investment professionals. Over his 15-
06/22/2020
PROVIDENCE, RI --Rhode Island General Treasurer Seth Magaziner today made the following announcement about his office's use of the state's name: "Today, I am announcing that the Office of the General Treasurer will remove the words "and Providence Plantations" from the state's checks. We will...
06/10/2020
Rhode Island Treasurer Seth Magaziner today hosted a virtual award ceremony recognizing fifty high school juniors from across Rhode Island with the Young Leader Award. "I am inspired by the dedication of students who, during the COVID-19 crisis, have not only adapted to distance learning, but...
06/09/2020
Rhode Island General Treasurer Seth Magaziner announced today that Maria Tavarozzi, a math teacher at Rogers High School in Newport, has been selected as Rhode Island's 2020 Financial Literacy Educator of the Year. "I am grateful that we have dedicated teachers like Mrs. Tavarozzi in Rhode...
06/01/2020
Moody's Investor Service, a major national credit rating agency, has completed a review of Rhode Island's finances, finding that "strong financial management practices" contribute to the state's Aa2 credit rating and stable outlook. "I am committed to delivering strong management of the state's...
05/28/2020
Rhode Island General Treasurer Seth Magaziner announced today that babies born to Rhode Island residents on May 29, 2020 will receive a $529 grant into a CollegeBound Saver account, Rhode Island's 529 college savings program. "It's a privilege to have the opportunity to congratulate new parents,