Preheat oven to 325 degrees. Grease a 1 1/2 quart baking dish; set aside.
In a bowl, whisk together all ingredients except rice, raisins and pecans. Add in rice and stir lightly with a fork. (Using a fork will help to break up any clumps of rice, especially if it is a couple of days old.) Stir in the raisins and pecans; pour the mixture into the prepared baking dish.
Bake for 50 minutes, or until the pudding is set in the center. Serve hot or cold.
Notes
Adapted from the very first edition, now long lost, of The Joy of Cooking