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Five Questions With: Seth Magaziner

Seth Magaziner serves as Rhode Island’s general treasurer, a position he has held since 2015. His duties include overseeing state finances, including the state...

Rhode Islanders approve $400M in bond questions

PROVIDENCE (AP) – From state college investments to beach and roadway projects, Rhode Island voters approved about $400 million in state spending during a...

Special election to decide fate of capital improvement projects

PROVIDENCE – Rhode Island’s voters have been tasked with deciding whether the state will spend $642 million on seven proposed capital improvement projects. The total...

R.I. pension fund hits new $9 billion record in assets

PROVIDENCE – The state pension fund hit a historic high above $9 billion in assets in December, according to a news release from the...

R.I. pension system sees $113M decrease in unfunded liability in FY...

PROVIDENCE – The state pension system decreased its unfunded liability by more than $100 million in fiscal year 2020, the R.I Office of the...

Magaziner: State CollegeBound savings to help fund apprenticeships

PROVIDENCE – Rhode Islanders will now be able to use dedicated college savings plans to pay for apprenticeship costs, R.I. General Treasurer Seth Magaziner...
HELPING HAND: Anne McDermott, Salve Regina University financial aid director, says the university has taken steps to assist students financially during the COVID-19 pandemic, including forming the Mercy Emergency Relief Fund.  / PBN PHOTO/ELIZABETH GRAHAM

Debtors fret over end to student loan reprieve

Kimberly Silva was a mortgage underwriter for nearly 20 years when the market crashed in 2008. That spurred her to jump into a new...

Magaziner advocates for upping state bonding in final FY 21 budget

PROVIDENCE – As state lawmakers continue to weigh a not-yet-finalized fiscal 2021 spending plan, R.I. Treasurer Seth Magaziner is touting the state’s borrowing capacity...
THE STATE PENSION FUND lost $156.6 million in September, but continues to outperform its 12-month benchmarks, according to the R.I. Office of the General Treasurer. /COURTESY R.I. OFFICE OF THE GENERAL TREASURER

R.I. Pension fund loses $157M in Sept.

PROVIDENCE – After steady monthly increases since April, the state pension fund took a slight dip in September, losing $156.6 million, according to the...

R.I. pension fund kicks off new fiscal year with $272M return

PROVIDENCE – The state pension fund earned $272 million in investments in the first month of the new fiscal year, according to the R.I....
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