Section 45-65-7. – Failure to comply.
§ 45-65-7. Failure to comply. (1) With respect to any municipality that fails to comply with the requirements of this chapter within the prescribed time, the general treasurer is authorized to withhold moneys due to the municipality from the state for any purpose other than education, including, but not limited to, municipal aid and other […]
Section 45-64-1. – Power to assess charges against users.
§ 45-64-1. Power to assess charges against users. In addition to the powers, privileges, prerogatives, and authority that are now granted to each city and town and fire district, or any agency of a city or town and fire district, in connection with fire alarm master box systems of these municipalities, each city and town […]
Section 45-64-2. – Adoption of implementing provisions.
§ 45-64-2. Adoption of implementing provisions. Each city and town and fire district may, by ordinance, define the person or persons, firm, corporation, partnership, individual, assignee, trustee, or other person upon whom a charge is assessed, and may adopt any other ordinances, rules, or regulations that may be necessary to carry out the provisions of […]
Section 45-64-3. – Severability.
§ 45-64-3. Severability. If any part, subdivision, or section of this chapter is declared unconstitutional, the validity of the remaining parts shall not be affected. History of Section.P.L. 2011, ch. 231, § 1; P.L. 2011, ch. 256, § 1.
Section 45-65-1. – Short title.
§ 45-65-1. Short title. This chapter shall be known as and may be cited as the “Pathway to Retirement Security for Locally Administered Pension Funds Act.” History of Section.P.L. 2011, ch. 408, § 22; P.L. 2011, ch. 409, § 22.
Section 45-65-2. – Purpose.
§ 45-65-2. Purpose. The purpose of this chapter is to provide retirement security to current and retired municipal employees by codifying standards to promote the sustainability and longevity of pension plans established and administered by municipalities. History of Section.P.L. 2011, ch. 408, § 22; P.L. 2011, ch. 409, § 22.
Section 45-65-3. – Legislative findings.
§ 45-65-3. Legislative findings. It is the intention of the general assembly to begin the process of ensuring the sustainability of locally administered pension plans and to advance and maintain the long-term stability of such plans. The general assembly finds and declares that: (1) Rhode Island law authorizes and empowers municipalities to administer their own […]
Section 45-65-4. – Definitions.
§ 45-65-4. Definitions. As used in this chapter the following terms shall have the following meanings: (1) “Actuarial experience study” means a report provided by an actuary that includes a recent discussion of plan experience, recommendations for actuarial assumptions and methods, and information about the actuarial impact of these recommendations on the liabilities and other […]
Section 45-65-5. – Actuarial valuation methodology.
§ 45-65-5. Actuarial valuation methodology. Actuarial methods used by the actuary in preparing an actuarial experience study or annual actuarial valuation shall be in compliance with accepted actuarial standards and applicable public pension accounting laws, rules and regulations. The actuary shall not, year to year, change actuarial methods for the sole purpose of achieving a […]
Section 45-62-6. – Powers of department and responsibilities of dam owners retained.
§ 45-62-6. Powers of department and responsibilities of dam owners retained. Nothing in this chapter shall be construed to affect the powers and duties of the department of environmental management, as they relate to dams, established pursuant to other provisions of law; nor shall this chapter be construed to affect the responsibilities of dam owners, […]