Allows teachers, state and municipal employees to retire upon the earlier of reaching age sixty (60) with thirty (30) years of service or the employee's retirement eligibility date under present state statutes.
Allows teachers, state and municipal employees to retire upon the earlier of reaching age sixty (60) with thirty (30) years of service or the employee's retirement eligibility date under present state statutes.
Exempts teachers and state employees who have been retired for more than three (3) full calendar years, from having their retirement benefit adjustment reduced based upon the funded ratio of the employees' retirement system of Rhode Island.
Allows retired state employees who worked for the unified judicial system as certified or qualified court interpreters to be employed or reemployed for a limited period in a given year.
Allows retired state employees who worked for the unified judicial system as certified or qualified court interpreters to be employed or reemployed for a limited period in a given year.
Changes the teacher and state employees' retirement benefit calculations' cutoff date from July 1, 2024, to July 1, 2012, for all retirement members eligible to and who retire on or after the new July 1, 2012, cutoff date.
Changes the teacher and state employees' retirement benefit calculations' cutoff date from July 1, 2024, to July 1, 2012, for all retirement members eligible to and who retire on or after the new July 1, 2012, cutoff date.
Reduces the current varying percentages for early retirement penalty for teachers, municipal and state employees to a cumulative annual reduction of 3% and monthly reduction of .25%.
Reduces the current varying percentages for early retirement penalty for teachers, municipal and state employees to a cumulative annual reduction of 3% and monthly reduction of .25%.
Expands the positions that a person in the state retirement system could have at a state college or university post-retirement.