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Treasurer Magaziner: Rhode Island Pension Fund Earns $108 Million in October, $1.05 Billion Over Past Year

PROVIDENCE, RI -- Rhode Island's pension fund has earned 14.1 percent over the past year after posting more than $108 million in investment gains in the month of October 2017 announced General Treasurer Seth Magaziner today at a meeting of the State Investment Commission.

"I am committed to bring stability to our state finances and getting our pension fund healthy," said Treasurer Magaziner. "Our Back to Basics approach is improving investment returns through common sense investments and helping the plan grow."

For the 12-month period ending October 31, 2017, the fund earned $1.05 billion, a return of 14.1 percent, which beats the plan's 13.6 percent benchmark and a tradition 60% stock/40% bonds portfolio which would have earned 13.8 percent. The value of the fund's assets have grown to $8.27 billion as of October 31, 2017.

Detailed information about the fund's investment strategy, performance and managers are published online as part of Treasurer Magaziner's 'Transparent Treasury' initiative at:

Related links

  • Department or agency: Office of General Treasurer Seth Magaziner
  • Online:
  • Release date: 12-06-2017

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