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State House insider gets $50K severance from General Assembly before heading to RIPTA


State House insider gets $50K severance from General Assembly before heading to RIPTA
Katherine Gregg, The Providence Journal
© Kris Craig, The Providence Journal
ORG XMIT: Rep. Frank A. Montanaro D-Cranston Cranston candidates for Senate and HouseRep Frank A. Montanaro D-Cransto n vs James F. Davey (Rep) Sen. Hanna M. Gallo vs Charles Rossi (Rep) POY04kc
PROVIDENCE  Before Frank Montanaro made his leap to his  most recent public-sector job, his last employer, the Rhode Island legislature, cut him a severance check of close to $50,000.
The $49,877.02 severance payment reflects roughly 10 weeks of unused vacation time and 203 hours of unpaid work during the Sundlun-era  financial crisis in the early 1990s,  when state workers were promised compensation  after they left state employ. ....

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Political Scene: Competing for spotlight, Magaziner is everywhere


Political Scene: Competing for spotlight, Magaziner is everywhere
Seth Magaziner can t count on all of the free news coverage that competitor
Dan McKee gets, as governor, every time he opens his mouth, signs a bill or holds a press conference to announce the next step in Rhode Island s re-opening.
So he s become: Mr. Everywhere. 
If there is a legislative press conference, a photo op with a high-profile Rhode Island labor leader or a chance to tout his progressive credentials, Democrat Magaziner is there.  
By his staff s count, he has this year alone testified remotely  or sent written testimony on 74 bills and budget proposals, ranging from the proposed plastic bag ban to Medicaid coverage for doulas to an assault weapons ban. ....

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Rhode Island commits $25 million to buyout fund


Rhode Island commits $25 million to buyout fund
Rhode Island commits $25 million to buyout fund
TCG Crossover Fund I for the $9.5 billion Rhode Island Employees’ Retirement System.
The commission approved the commitment to the life sciences private equity fund at its March 24 meeting, said Rosie Hilmer, spokeswoman for state Treasurer Seth Magaziner, who oversees the commission.
As of Jan. 31, the pension fund’s actual allocation to private equity was 8.6%.
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