Updated March 30 at 10:30am
Hot Topics
60 results total, viewing 31 - 40
Rhode Island business leaders are eager to find out how President-elect Donald J. Trump's pro-business, anti-immigration campaign rhetoric will translate into actionable policies. "On the positive side, anything related to infrastructure or … more
The expansion of casinos across New England is good for state revenue, but not for people who have addictions to gambling. How much of a problem will this disorder become? A Providence College professor argues that the casinos scheduled to … more
A semiannual "State of the States" report released in October by Conning, a Hartford, Conn.-based investment management firm, ranked Rhode Island 41st, tied with New York, among the 50 states in terms of municipal credit health – a slip of four … more
Providence voters this year will see Question No. 8 on their Election Day ballot, asking them to consider a $40 million infrastructure bond. Regardless of the vote, however, city politics appears to have already dashed any hopes of selling the bond, … more
Rhode Island’s $7.7 billion pension fund terminated investments in seven hedge funds, including Brevan Howard Asset Management and Och-Ziff Capital Management Group LLC, after voting last month to cut its allocation in half over two years. more
A change in accounting standards that will require governments to start disclosing the amount of unfunded pension and retiree benefits on yearly balance sheets could put new pressure on public officials to step up payments on these plans, according to speakers at a conference organized by Donoghue Barrett & Singal P.C. and the Rhode Island League of Cities and Towns. more
Nationwide, a new report says that state public employee pension plans are underfunded by nearly $5.6 trillion. At $18.6 billion, Rhode Island’s unfunded liability is one of the smallest among the 50 states, thanks to its size and fewer employed workers. more
For those thinking that the finalized reforms to the state-worker pension system took care of all its issues, think again. The outstanding problem is the fund's assumed rate of return. At the moment it is 7.5 percent. And with the reforms, … more
Accountants, actuaries, politicians and union leaders are scheduled to meet on Friday to discuss the looming Rhode Island crisis related to public pensions and other post-employment benefits at a seminar dubbed “The Gathering Storm.” more
The R.I. State Retirement Commission last month decided to cut its roughly $1 billion investment into hedge funds in half, saying the asset has underperformed and cost the state too much in fees over the last five years. The precarious … more
« Prev | 1 | 2 | 3 | 4 | 5 | 6 Next »