§ 45-21-1. Purpose of chapter. It is the express intention of the legislature by the passage of this chapter to provide an actuarially financed retirement system for municipal employees, properly integrated with the federal Social Security Act, 42 U.S.C. § 301 et seq., to the end that adequate benefits may be established for the employees […]
§ 45-21-10. Information furnished as to members — Classification. It is the duty of each participating municipality to submit to the retirement board a statement showing the name, title, compensation, duties, date of birth, and length of service of each member, and any other information that the retirement board requires. The retirement board shall then […]
§ 45-21-11. Cessation of membership. Should the service of any member in any period of six (6) consecutive years after last becoming a member amount to a total of less than three (3) years, or should the member withdraw his or her deposited contributions, or should the member become a beneficiary or die, he or […]
§ 45-21-12. Statements as to prior service. Under the rules and regulations that the retirement board adopts, each member who was an employee on or prior to the effective date of participation of the municipality by which the member is employed, and who became a member within the first year following that date, shall file […]
§ 45-21-12.1. Credit for service as a teacher or state employee. Any member who has rendered service as a teacher, as defined under the provisions of chapters 16 and 17 of title 16, or as a state employee, as defined by the provisions of chapters 8 to 10 of title 36, is entitled to credit […]
§ 45-21-13. Verification of prior service. Subject to the previously stated restrictions, and to any other rules and regulations that the retirement board adopts, the retirement board shall verify as soon as practicable after the establishment of the system the statement of service submitted. History of Section.P.L. 1951, ch. 2784, § 7; G.L. 1956, § […]
§ 45-21-14. Computation of years of service. (a) The retirement board fixes and determines, by appropriate rules and regulations, how much service in any year is equivalent to a year of service, but in computing the service or in computing the compensation it shall credit no period of more than a month’s duration during which […]
§ 45-21-14.1. Repealed. History of Section.P.L. 1978, ch. 111, § 1; Repealed by P.L. 2011, ch. 349, § 1; P.L. 2011, ch. 365, § 1, effective July 13, 2011.
§ 45-21-14.2. Leave of absence credits. (a) Members with at least one year of membership credits who have been granted an official leave of absence without pay for illness, injury, educational or, any other reason, may receive credit for the leave by making contributions to the retirement system, in a lump sum, in an amount […]
§ 45-21-15. Prior service certificate. (a) Upon verification of the statement of service submitted, the retirement board shall issue to the member a prior service certificate certifying to the aggregate length of prior service as an employee. So long as membership continues, a prior service certificate is final and conclusive for retirement purposes as to […]
§ 45-21-16. Retirement on service allowance. Retirement of a member on a service retirement allowance shall be made by the retirement board as follows: (1)(i) Any member who is eligible to retire on or before June 30, 2012, may retire upon the member’s written application to the retirement board as of the first day of […]
§ 45-21-16.1. Repealed.
§ 45-21-16.2. Electronic funds transfer. All members of the municipal employees retirement system retiring under the provisions of this title on or after July 1, 1998, or joining the system pursuant to § 45-21.4-2 or § 45-21.4-3, are required to participate in electronic funds transfer and to supply the municipal employees retirement system with a […]
§ 45-21-17. Service retirement allowance. (a) Upon retirement from service after January 1, 1969, a member shall receive a retirement allowance which is a life annuity terminable upon death of the annuitant and is an amount equal to two percent (2%) of final compensation multiplied by the number of years of total service, not to […]
§ 45-21-17.1. Optional service retirement benefits — Applicability to members of city or town legislative bodies. (a) Every city or town may by ordinance provide that every person who has served as a member of the legislative body of the city or town for a period of ten (10) years and has attained the age […]
§ 45-21-17.2. Social security supplemental option. (a) In lieu of the retirement on service allowance, a vested member who retires in accordance with § 45-21-16 may choose an optional form of retirement benefit known as the social security supplemental option. (b) This option provides for the payment of a larger benefit before the attainment of […]
§ 45-21-18. Deferred allowance on service retirement before minimum age. The right to a service retirement allowance under the provisions of this chapter is vested in a member who withdraws from service prior to the attainment of the applicable minimum age of retirement as prescribed in this section, who has not received a refund; provided, […]
§ 45-21-19. Retirement for ordinary disability. (a) Any member who has had five (5) or more years of total service, may, upon the member’s own application or upon application of the employer, or some person acting in the member’s behalf, while in active service or on leave of absence for illness, apply for ordinary disability […]
§ 45-21-2. Definitions. The following words and phrases as used in this chapter have the following meanings unless a different meaning is plainly required by the context: (1) “Accumulated contributions” means the sum of all amounts deducted from the compensation of a member and credited to his or her individual account in the members’ contribution […]
§ 45-21-20. Ordinary disability allowance. Upon retirement for ordinary disability, a member receives a retirement allowance equal to the rate prescribed for service retirement subject to the provisions of § 45-21-31; provided that no member retiring with less than ten (10) years of total service receives a benefit less than the member would have received […]
