Regulation
Rhode Island Supreme Court Upholds Pension Cuts
Court rules that suspension of cost-of-living adjustments was ‘fair.’
Tag: Rhode Island
Risk
Rhode Island Pension Plans Total $2.4 Billion Shortfall
Report finds that more than one-third of local pensions are in critical status.
Research
Rhode Island Pension Fund Returns 14.48%
Strong returns bring fund’s asset value to $8.42 billion.
Newsmakers
Federal Judges Dismiss Rhode Island Pension Lawsuit
Previous state pension plan changes noted in ruling.
Newsmakers
New Rhode Island Treasury Program to Return $10 Million to Residents
Payments to be automatically processed during 2017 holiday season.
Newsmakers
RI Hospital Workers’ Pension Fund Placed in Receivership
Fund participants could see a 40% cut in benefits across the board.
Rhode Island’s Pension Fund Outperforms Benchmark with 11.6% Return
Plan earns $851 million in fiscal 2017.
Rhode Island Approves Assumption Changes
Treasury says lowering investment, inflation assumptions will avoid $500 million shortfall.
Rhode Island Names Alec Stais as CIO
Goldman Sachs Asset Management managing director replaces interim CIO Tim Nguyen.
Rhode Island Withdraws $340 Million from Hedge Funds
State to reduce hedge fund investments by more than $500 million over two years.