RI State Pension System Earned More than $500M in 2016

January 25, 2017: The state's pension fund earned more than $530 million in investment gains in 2016, the most in the past three years, General Treasurer Seth Magaziner told members of the State Investment Commission at their monthly meeting this morning. The state's 7.4% net return beat its internal benchmark of 6.3% and a traditional 60% stock, 40% bond portfolio which would have returned 5.9% last year.

You can read the press release here.

You can learn more about where the state’s pension funds are invested, how they are performing, and an overview of the state’s investment strategy and philosophies at the State Investment Information Center.