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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

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

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...
SETH MAGAZINER, the state’s general treasurer, came out with a report that found seven Rhode Island municipalities have financial liabilities exceeding recommended levels./PBN FILE PHOTO/MICHEAL SALERNO

State finds seven municipalities with excessive financial liabilities

PROVIDENCE – Seven Rhode Island cities and towns have debt and pension liabilities in excess of recommended limits, warranting heightened attention from officials in...

Lawmakers approve consumer protections for student-loan servicing practices

PROVIDENCE – Lawmakers approved the Student Loan Bill of Rights to protect Rhode Islanders through new consumer protections and oversight of student-loan servicing practices,...

Cranston teacher wins Financial Literacy Educator of the Year honor

PROVIDENCE – Cranston elementary school teacher James Gemma has been named Rhode Island's Financial Literacy Educator of the Year.Gemma, who teaches at Edward S....

United Way partners with Magaziner, legislators on financial literacy campaign

PROVIDENCE – United Way of Rhode Island President and CEO Cortney Nicolato has joined state General Treasurer Seth Magaziner and members of the R.I....
BREAKOUT SPACE: Barrington Middle School, now under construction, includes state-of-the-art classrooms and meeting spaces designed for collaborative learning. Brian Solywoda, a principal from architect Kaestle Boos Associates, stands in the breakout space with halo soffits.
 / PBN PHOTO/MICHAEL SALERNO

Demand for more-modern facilities driving school construction activity in R.I.

An extraordinary middle school rising in the center of suburban Barrington is a sign of things to come in Rhode Island.The massive building project...

BankLocal boosting small businesses

Hey mister, can you spare a few thousand dollars? The answer from local banks often is “yes,” under R.I. General Treasurer Seth Magaziner’s BankLocal...

RI Promise deserves passage

Sometimes the corny thing can be the right thing.Such is the case with General Treasurer Seth Magaziner’s plan to deposit $529 into the 529...

Too many contractors exploit workers

As a state with a lot of competing interests, Rhode Island knows that solving a problem means you’ve got to work together. Today, our...
R.I. GENERAL TREASURER Seth Magaziner announced that any baby born on or adopted non May 29 will receive an additional $529 to a CollegeBoundSaver account. / PBN FILE PHOTO/ MICHAEL SALERNO

General Treasurer to award $529 grants on May 29 for 529...

PROVIDENCE – Babies born or adopted on Wednesday in Rhode Island will receive an additional $529 deposited into a CollegeBoundSaver account, in celebration of...
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