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THE PROPOSED STADIUM construction legislation, with revisions, is drawing concern from the Pawtucket Red Sox. / COURTESY PAWTUCKET RED SOX

Congressional tax bill could increase financing cost of PawSox stadium by...

PROVIDENCE – Congressional Republicans’ tax-cutting bill could add about $5.7 million to the 30-year debt-financing plan for a proposed Pawtucket Red Sox stadium deal...
R.I. GENERAL TREASURER Seth Magaziner has been elected vice president of the National Association of State Treasurers. He succeeds outgoing vice president Deborah Goldberg, state treasure of Massachusetts, beginning Jan. 1. / PBN FILE PHOTO/MICHAEL SALERNO

Magaziner named vice president of national treasurers group

PROVIDENCE – R.I. General Treasurer Seth Magaziner was elected vice president of the National Association of State Treasurers.The state treasurer will succeed outgoing vice...
FRONT-ROW SEAT: Pawtucket Red Sox Chairman Larry Lucchino, at left in the front row, listens during a Senate Finance Committee hearing at the ­University of Rhode Island’s Swan Hall in South Kingstown, during which the team, the public and others provided feedback on the proposed PawSox stadium deal. / PBN PHOTO/MICHAEL SALERNO

A financing plan for a new PawSox stadium leaves the state...

(Editor’s note: This is the first of a two-part series looking at development opportunities in Pawtucket and their implications for the city and state.)Attendees...
R.I. GENERAL TREASURER Seth Magaziner this month received the 2017 William A. Forbes Public Awareness Award from the Council for Economic Education in recognition of advancing financial literacy. / PBN FILE PHOTO/MICHAEL SALERNO

Magaziner recognized for advancing financial literacy

PROVIDENCE – R.I. General Treasurer Seth Magaziner this month was recognized for his work to advance financial literacy for students and families.The state treasurer...
GENERAL TREASURER SETH MAGAZINER is in charge the state pension fund and how it is invested./ PBN FILE PHOTO/MICHAEL SALERNO

Rhode Island executes on strategy, pulls $500M from hedge funds

PROVIDENCE – The state treasury has executed a yearlong strategy to unload about $500 million for the Rhode Island public pension plan.General Treasurer Seth...
SEN. SHELDON WHITEHOUSE, D-R.I., has introduced legislation that would require some employers, who do not provide retirement plans, to automatically enroll employees in Auto-IRAs. / COURTESY OFFICE OF U.S. SEN. SHELDON WHITEHOUSE

Whitehouse wants automatic IRAs

WASHINGTON – Sen. Sheldon Whitehouse, D-R.I., last week introduced legislation that would require some employers, who do not provide retirement plans, to automatically enroll...
GENERAL TREASURER SETH Magaziner led the Rhode Island School Building Task Force meeting Friday, with co-chair Education Commisioner Ken Wagner, to discuss school infrastructure. /PBN FILE PHOTO/MICHAEL SALERNO

R.I. School Building Task Force meets to address school infrastructure crisis

PROVIDENCE – The Rhode Island School Building Task Force met Friday for the first time, to address the infrastructure deficiencies of schools in Rhode...
R.I. GENERAL TREASURER Seth Magaziner says the state is committed to strengthening the Employees' Retirement System of Rhode Island, which earned $117.4 million, or 1.7 percent, during July, increasing the fund’s market value to $8.2 billion. /PBN FILE PHOTO/MICHAEL SALERNO

R.I. pension fund earns $117M in July at rate of 1.7%

PROVIDENCE – The state pension fund earned $117.4 million, or 1.7 percent, during July, increasing the fund’s market value to $8.2 billion.The state pension...
GENERAL TREASURER Seth Magaziner, left, celebrates moving $15 million in state deposits to local banks and credit unions at Budare Grille in Central Falls in August./ COURTESY R.I OFFICE OF THE GENERAL TREASURER

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 public pension fund during fiscal 2017 realized its strongest investment performance since 2014. /GRAPHIC COURTESY OF R.I. OFFICE OF GENERAL TREASURER

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...
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A summit on the topics of diversity and inclusion will be held at the start of the awards program. Attendees will learn from experts during a discussion of best practices. For details, including the list of winners, panelists and ticket information, click below.

Wednesday December 5, 2018

Crowne Plaza, Warwick
8am–11am