R.I. pension plan sees 6.5% return in FY19

THE RHODE ISLAND PENSION system had a return rate of 6.5% in fiscal 2019, according to R.I. General Treasurer Seth Magaziner. / PBN FILE PHOTO/MICHEAL SALERNO
THE RHODE ISLAND PENSION system had a return rate of 6.5% in fiscal 2019, according to R.I. General Treasurer Seth Magaziner. / PBN FILE PHOTO/MICHEAL SALERNO
PROVIDENCE – The Rhode Island state worker pension plan had a one-year rate of return in fiscal 2019 of 6.5%, according to a report issued Friday by state General Treasurer Seth Magaziner. He also reported that at the end of the fiscal year the plan held $8.5 billion in assets. While the rate of return…

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