Rhode Island Pension Fund Earns $140 Million in May 2020

June 24, 2020: Rhode Island's pension fund returned 1.7% in May, earning more than $140 million from investments, as Treasurer Magaziner’s Back to Basics investment strategy continues to provide growth and stability for members of the Retirement System.

Over the 12-month period ending May 31, 2020, the system returned 6.6%, outperforming the plan’s benchmark return of 5.6% for the same period. The Crisis Protection Class has been a key contributor to the system’s 12-month investment performance returning 15.7%.

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