R.I. pension fund hits record $10.3B in assets in FY2021

THE RHODE ISLAND pension fund reached a record $10.3 billion in assets in fiscal year 2021, according to the R.I. Office of the General Treasurer. Pictured is General Treasurer Seth Magaziner. / COURTESY R.I. OFFICE OF THE GENERAL TREASURER
PROVIDENCE – Rhode Island's pension fund grew by $2.2 billion in fiscal 2021, ending the year with a record $10.3 billion in assets, General Treasurer Seth Magaziner announced on Wednesday. The 27% year-over-year increase continues a trend of strong performance during the COVID-19 pandemic despite what sometimes have been volatile financial markets.  Magaziner credited the…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

No posts to display