Tag: Seth Magaziner
Rhode Island moves $15M in deposits to local banks, credit unions
PROVIDENCE – The state has moved $15 million in deposits to local banks and credit unions as part of an initiative to spur small-business...
Rhode Island pension plan earned $851.4M during fiscal 2017
PROVIDENCE – The Rhode Island public pension fund realized an 11.6 percent return and earned $851.4 million during fiscal 2017, marking its best performance...
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,...
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...
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...
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...
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...
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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