Today, Treasurer Magaziner released the following statement regarding the State of Rhode Island's borrowing capacity: "As the General Assembly prepares to pass a FY 2021 budget, this is a good time to remind all stakeholders of the most recent analysis of state borrowing capacity conducted by...

This October, as the U.S. stock market fell by -2.16% (as measured by the Russell 3000), the Rhode Island pension system declined by only -1.09%, benefitting from the diversification of the plan's Back to Basics investment strategy and ending the month with $8,680,681,661 in total plan assets. The...

PROVIDENCE, RI -- This morning, Rhode Island General Treasurer Seth Magaziner released the following statement in commemoration of Veterans Day: "Generation after generation, Rhode Island servicemembers and their families have made grave personal sacrifices to protect our freedom and...

PROVIDENCE, RI -- Rhode Island General Treasurer Seth Magaziner issued the following statement as results of the 2020 election were announced: "With the election of President-elect Biden and new leaders at the state and local level, now is the time to begin healing the divides that have...

Treasurer Magaziner's Back to Basics investment strategy continues to provide growth and stability for members of the Retirement System, with the pension system earning 7.24% during the 12-month period ending September 30, 2020, significantly outperforming the plan's benchmark return of 5.87% for...

Rhode Island General Treasurer Seth Magaziner and Connecticut State Treasurer Shawn T. Wooden have filed a letter with the U.S. Securities and Exchange Commission, urging fellow Cardinal Health shareholders to vote "no" on a proposed $2.5 million bonus for CEO Michael Kaufmann. "Cardinal Health...

Rhode Island General Treasurer Seth Magaziner today announced that Rosie Hilmer will join his staff as Director of Communications, effective November 2, 2020. "Rosie Hilmer is a talented communications professional with significant government experience," said Treasurer Magaziner. "I'm pleased...

The Rhode Island pension fund returned 2.92% in August, earning $254,897,082 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 August 31, 2020, the system...

The Rhode Island pension fund returned 3.21% in July, earning more than $272 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 July 31, 2020, the...

Rhode Island General Treasurer Seth Magaziner is hosting a virtual meeting of the Financial Empowerment Roundtable on Wednesday, September 2, 2020 at 10:00 a.m. (ET). The Rhode Island Financial Empowerment Roundtable, which was launched by Treasurer Magaziner in 2017, regularly brings together...