# RI.gov: Rhode Island Government


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Pension system earns $142 million in April

Rhode Island's pension fund earned $142 million from investments in the month of April, posting a 1.72 percent return. Investments in global public equities, primarily in low-fee index funds designed to provide long-term growth, contributed to the positive return.

The Rhode Island pension system is invested for long-term growth and stability to provide its members a secure retirement after spending a career in public service.

As of April 30, 2019, the pension system has outperformed both the plan's benchmark, as well as a traditional 60 percent stock / 40 percent bond benchmark, over the three, five, and ten-year periods.

Detailed information about the fund, including investment strategy, performance, and detailed information about its managers are published online at investments.treasury.ri.gov.

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Note: All performance information is presented on a "net of fees" basis.

Related links

  • Department or agency: Office of General Treasurer Seth Magaziner
  • Online: http://treasury.ri.gov
  • Release date: 05-30-2019

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