PROVIDENCE, R.I. – Treasurer Seth Magaziner today was recognized for his efforts to expand the Crime Victim Compensation Program to help victims of domestic violence, receiving a "Civic Award" during a luncheon supporting the Domestic Violence Program at Crossroads Rhode Island.
Recently,...
The State's investment strategy earned $22.8 million in September, staying ahead of benchmarks and closing the first quarter of the fiscal year with more than $231 million earned from investments.
"Our members deserve a stable and healthy retirement system," said Treasurer Magaziner. "The Back...
Rhode Island Treasurer Seth Magaziner, along with Illinois Treasurer Michael Frerichs, Pennsylvania Treasurer Joe Torsella, and New York City Comptroller Scott Stringer, has co-filed a shareholder proposal at Facebook, requesting the board of directors make the role of Board Chair an independent...
Rhode Island will be voting against more compensation packages for corporate executives if the pay is not aligned with company performance, state treasurer Seth Magaziner announced today.
"At a time when income inequality has grown to alarming levels in our country, investors like the pension...
The State's investment strategy earned 0.96 percent during the month of August, outperforming its benchmark return of 0.88 percent and continuing to deliver strong returns for the pension fund.
"Our members deserve a stable and healthy retirement system," said Treasurer Magaziner. "The Back...
Rhode Island Treasurer Seth Magaziner today issued an overview of the actions his office has taken this year to strengthen corporate accountability at hundreds of publicly traded companies in which the state's pension fund invests.
Each year, publicly traded companies seek votes from...
September 17, 2018: Rhode Island's 529 education savings plan, CollegeBound, has been rated as one of the best plans in the country by Savingforcollege.com, an independent authority on 529 savings plans, receiving five out of five in its "5-Cap" rating system for Rhode Island residents.
"The...
Students who witnessed the shooting outside Providence Career and Technical Academy last Thursday are eligible for a $1,500 reimbursement for mental health counseling through the Crime Victims Compensation Program administered by the Office of the General Treasurer.
"Communities throughout...
The Government Finance Officers Association (GFOA) has awarded Employees' Retirement System of Rhode Island a "Certificate of Achievement for Excellence in Financial Reporting", its highest form of recognition in governmental accounting and financial reporting, for its 2017 Comprehensive Annual...
Rhode Island's pension fund continued to deliver strong performance under Treasurer Magaziner's Back to Basics investment strategy earning $125 million in July. That 1.51 percent return on the month finished ahead of the fund's benchmark which returned 1.31 percent. The positive performance was...