R.I. Gen. Laws § 28-31.1-1: Fund established.

(a) There is established in the department of administration of the state of Rhode Island a special account to be known as the state employees’ compensation fund, an account within the general fund. The account, referred to as the “state employees’ compensation fund,” shall consist of payments made to it as subsequently provided, or penalties paid pursuant to this chapter, and of all other money paid into and received by the fund, or property and securities acquired by and through the use of money belonging to the fund, and of interest earned upon the money belonging to the fund. All money in the fund shall be mingled and undivided. The fund shall be administered by the director of administration or the director’s designee.

(b) The fund shall be used for the settlement of claims pursuant to § 28-31-4.