Rhode Island State Investment Commission

Rhode Island State Investment Commission (Rhode Island SIC) is a public pension fund based in Providence, Rhode Island. Established in 1958, the commission has the primary responsibility of investing and monitoring the pension portfolio of five plans of the Employees' Retirement System and the Municipal Employees Retirement System of Rhode Island. The Rhode Island SIC selects investments that meet the retirement board's target return while managing risk. The treasury's investments team provides recommendations to the Rhode Island SIC and oversees the day-to-day monitoring of the portfolio. The commission meets monthly, handles the investments of the Employees' Retirement System of Rhode Island as well as oversees non-pension-related investments such as the general fund. The fund is managed by the investment commission members.