PROVIDENCE, R.I. — General Treasurer Gina M. Raimondo today announced that the State Investment Commission will hear presentations from the four vendors recommended as semi-finalists to administer Rhode Island's new defined contribution program. The presentations are scheduled for Tuesday, Feb. 14,

PROVIDENCE, R.I. - General Treasurer Gina M. Raimondo today announced the release of "An Employee's Guide to Understanding the Rhode Island Retirement Security Act," a comprehensive guide to retirement eligibility and benefits under the Rhode Island Retirement Security Act of 2011 (RIRSA) for state

PROVIDENCE, R.I. – General Treasurer Gina M. Raimondo yesterday hosted a workshop for municipalities with locally-administered pension plans in advance of the reporting deadline set by the recently passed Rhode Island Retirement Security Act (RIRSA). The law requires municipalities to submit to

PROVIDENCE, R.I. — General Treasurer Gina M. Raimondo today announced that the state has received 12 proposals from vendors seeking to run Rhode Island's new defined contribution program. In the coming months, Rhode Island will develop and launch this new program as mandated in the recently passed...

PROVIDENCE, R.I. – General Treasurer Gina M. Raimondo today announced that her office will be hosting a workshop for municipalities with locally-administered pension plans in advance of the reporting deadline set by the recently passed Rhode Island Retirement Security Act. The law requires...

PROVIDENCE, R.I. - General Treasurer Gina M. Raimondo today announced that Treasury, along with the State Investment Commission are seeking proposals for a service provider to implement and administer Rhode Island's new defined contribution program. The authority to develop the program was created...

PROVIDENCE, R.I. — General Treasurer Gina M. Raimondo announced today that the Treasury divisions of Unclaimed Property, Investment and Cash Management as well as the Crime Victims' Compensation Program and the Employees' Retirement System of Rhode Island (ERSRI) will move their operations from the

PROVIDENCE, R.I. – The State Investment Commission today announced Fidelity Investments was selected as the vendor for the Ocean State Investment Pool (OSIP). The OSIP will help the state and municipalities better manage and improve the investment performance of their liquid assets. The SIC voted 7

PROVIDENCE, R.I. – Treasurer Gina M. Raimondo today applauded the General Assembly membership, under the leadership of Speaker Gordon Fox and Senate President Teresa Paiva Weed, for passing a comprehensive bill that begins to move the state's struggling pension system onto firmer ground. "Today...

PROVIDENCE, R.I. –General Treasurer Gina M. Raimondo today released the following statement regarding the amended version of the Rhode Island Retirement Security Act: "After listening to countless hours of public testimony and meeting continually with legislative leaders it remains clear that...

PROVIDENCE, R.I. – General Treasurer Gina M. Raimondo today announced the addition of Frequently Asked Questions regarding the Rhode Island Retirement Security Act to the Treasury website. The FAQs can be accessed by visiting www.treasury.ri.gov and clicking the Rhode Island Retirement Security Act

PROVIDENCE, R.I. – Governor Lincoln D. Chafee and General Treasurer Gina M. Raimondo today unveiled their comprehensive pension reform legislation, the Rhode Island Retirement Security Act of 2011 (RIRSA), before a joint session of the General Assembly. "I am pleased that General Treasurer...

PROVIDENCE, R.I. – General Treasurer Gina M. Raimondo last week announced her commitment to exploring innovative ways to grow the state's investments in an effort to create jobs and improve Rhode Island's infrastructure and energy efficiency. She spoke about her ideas as part of the "Investment and

PROVIDENCE, R.I. – General Treasurer Gina M. Raimondo and Lincoln Town Administrator Joseph Almond will meet with business and community leaders on Thursday, September 22 to discuss the economic need to achieve comprehensive pension reform. "For our economy to thrive, we must fix the...

PROVIDENCE, R.I. – General Treasurer Gina M. Raimondo and South Kingstown Town Manager Stephen Alfred will meet with business and community leaders on Thursday, September 15 to discuss the economic need to achieve comprehensive pension reform. "For our economy to thrive, we must fix the...

PROVIDENCE, R.I. – Governor Lincoln D. Chafee and General Treasurer Gina M. Raimondo issued the following joint statement concerning today's Superior Court ruling in Council 94 v. Chafee and Raimondo, a union challenge to the 2009, 2010 pension amendments enacted by the General Assembly: "Today'...

PROVIDENCE, R.I. – The Pension Advisory Group will hold its fourth meeting Monday at the Central Public Library in Cranston. The agenda will include continued overviews on key variables presented by the state's actuary and other plan features, including defined contribution plans and self-...

PROVIDENCE, R.I. – General Treasurer Gina M. Raimondo and Warwick Mayor Scott Avedisian will meet with business and community leaders on Thursday, September 8 to discuss the economic need to achieve comprehensive pension reform. "For our economy to thrive, we must fix the fundamentals,"...

PROVIDENCE, R.I. – Governor Lincoln D. Chafee held a signing ceremony on September 7 to mark the recent passage of two important bills by the General Assembly at the request of General Treasurer Gina M. Raimondo. House Majority Leader Nicholas Mattiello and bill sponsors attended. H. 5585 and

PROVIDENCE, R.I. - The Pension Advisory Group will hold its third meeting Monday at the Weaver Public Library in East Providence. The agenda will include overviews on financing alternatives, defined contribution and hybrid plans and self-correcting mechanisms, as well as a presentation by the state'