Pension Fund Earned $254.8 million in January - Outperformed Investment Benchmarks

February 28, 2018: Rhode Island's pension fund continued to deliver strong performance in January, earning $254.8 million, and outperforming the plan's investment benchmark, as well as a standard 60% global equity / 40% fixed income benchmark.

"Rhode Island's pension fund continues to grow stronger and healthier," said Rhode Island Treasurer Seth Magaziner. "Our 'Back to Basics' investment strategy is designed to deliver strong performance over the long term, ensuring retirement security for those who are in the pension system and benefitting all Rhode Island taxpayers."

For the month of January 2018, the fund earned 3.03 percent net of fees, outperforming the 2.95 percent performance of the plan's investment benchmark, as well as the the 2.92 percent return of a standard 60% global equity / 40% fixed income benchmark.

You can read the press release here.