General Treasurer Seth Magaziner today praised the House Finance Committee's unanimous passage of H 5923 which creates a legislative requirement to continue the "Transparent Treasury" investment policy implemented by Treasurer Magaziner in 2015.
"Rhode Islanders deserve to know where their...
West Warwick municipal retirees and Town Council are united in support for General Treasurer Seth Magaziner's Healthy Local Pensions (HELP) Act, which will make it easier for cities and towns with locally administered pension plans to join the state run Municipal Employees' Retirement System (MERS).
During the ongoing 2017 shareholder season the Rhode Island pension fund will vote "no" on management-backed compensation plans for executives at publicly traded companies including Wal-Mart, American Express, Charter Communications, and pipeline builder NuStar Energy.
"My job as Treasurer is...
The Rhode Island Pension Fund continued its recent strong performance in the month of April earning $79 million from investment gains Rhode Island General Treasurer Seth Magaziner today told members of the State Investment Commission.
"We are implementing our "Back-to-Basics" investment...
PROVIDENCE, RI - General Treasurer Seth Magaziner today paid a surprise visit to the North Kingstown High School classroom of Richard Garland naming him the state's second-ever Financial Literacy Educator of the Year.
"Mr. Garland has brought his own experience in business to the classroom...
Seizing an opportunity to save taxpayers millions, General Treasurer Seth Magaziner today announced $7.2 million in savings found by refunding $70 million in state debt to take advantage of more favorable interest rates.
"Rhode Islanders deserve to know that they have an advocate in state...
Six months after announcing its 'Back to Basics' investment strategy, Rhode Island's pension fund continued its strong run, returning 0.75% in March despite flat performance in the US stock market, General Treasurer Seth Magaziner announced at today's meeting of the State Investment Commission.
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Rhode Island General Treasurer Seth Magaziner has joined shareholders from across the country by voting against all sitting independent directors at Wells Fargo, following the massive fraud perpetrated against their customers. The Rhode Island pension fund currently owns 139,256 shares of Wells...
Continuing his commitment to strengthen Rhode Island's public finances, Rhode Island General Treasurer Seth Magaziner today released the most exhaustive Debt Affordability Study in the state's history, setting new debt affordability targets for the first time since 1999.
"It is imperative...
Each April, Rhode Island Treasury plans and promotes a month-long program of activities and educational opportunities to help financially empower Rhode Island, including workshops on saving for college and how to find out if the state is holding your unclaimed property.
"Our financial system is...