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R.I. TREASURER SETH MAGAZINER announced the Rhode Island Unclaimed Property Division processed 10,070 claims in returning over $12.2 million in fiscal 2017. / PBN FILE PHOTO/ MICHAEL SALERNO

R.I. Treasury outperforms fiscal 2016 in unclaimed property returns

PROVIDENCE - The R.I. Treasury announced the state’s Unclaimed Property Division processed 10,070 claims in returning over $12.2 million in property in fiscal 2017. The...

Providence selected to host 2019 NAST Conference

PROVIDENCE – The National Association of State Treasurers will hold its 2019 Treasury Management Training Symposium at the R.I. Convention Center from May 21-24,...
R.I. GENERAL TREASURER Seth Magaziner, right, has named Richard Garland, of North Kingstown High School, the Rhode Island Financial Literacy Educator of the Year. /COURTESY TWITTER/@SethMagaziner

Garland named R.I. Financial Literacy Educator of the Year

NORTH KINGSTOWN – The Rhode Island treasurer has named Richard Garland of North Kingstown High School the state’s top financial-literacy educator. General Treasurer Seth Magaziner...
STATE OFFICIALS are lowering the pension funds assumed rate of return to 7 percent from 7.5 percent. / PBN FILE GRAPHIC LISA LAGRECA

Rhode Island to lower pension fund return to 7 percent

PROVIDENCE – The R.I. Retirement Board on Monday approved a proposal to lower market-return expectation for the state’s $7.9 billion pension fund. The board voted...
Seth Magaziner

Magaziner estimates debt restructure saved $7.2M

PROVIDENCE – The R.I. General Treasurer’s Office estimates it has saved $7.2 million through a recent restructuring of debt. The treasurer, Seth Magaziner, says the...
R.I. TREASURER Seth Magaziner will announce the new managers of the $7 billion CollegeBoundfund on Wednesday during a press conference in his office. / PBN FILE PHOTO/ MICHAEL SALERNO

Magaziner: Public debt tops $10B

PROVIDENCE – More than $10.5 billion in debt has been accumulated by Rhode Island public issuers of debt, according to a Debt Affordability Study...
STATE OFFICIALS are lowering the pension funds assumed rate of return to 7 percent from 7.5 percent. / PBN FILE GRAPHIC LISA LAGRECA

Are we dealing with reality on pensions?

In June 2011, then-General Treasurer Gina M. Raimondo distributed hundreds of copies of what’s arguably become one of the most important documents of her...

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