§5-10-22i. One-Time Supplement for Certain Annuitants Effective July 1, 2006
(a) A one-time supplement to retirement benefits of three percent, as determined by appropriation of the Legislature, shall be provided to all retirees that are age seventy or older and have been annuitants for at least five consecutive years as of July 1, 2006, and beneficiaries of deceased members who would have been at least […]
§5-10-17. Retirement System Membership
The membership of the retirement system consists of the following persons: (a) All employees, as defined in 5-10-2 of this code, who are in the employ of a political subdivision the day preceding the date it becomes a participating public employer and who continue in the employ of the participating public employer on and after […]
§5-10-22j. One-Time Bonus Payment for Certain Annuitants Effective July 1, 2008
(a) As an additional bonus payment to other retirement allowances provided, a one-time bonus payment to retirement benefits shall be paid to retirants of the system as provided in subsection (b) of this section. The one-time bonus payment shall equal $600 and shall be paid on July 25, 2008. (b) The one-time bonus payment provided […]
§5-10-18. Termination of Membership; Reentry
(a) When a member of the retirement system retires, withdraws his or her accumulated contributions, or dies, he or she ceases to be a member. When a member leaves the employ of a participating public employer for any reason other than retirement or death, and withdraws his or her accumulated contributions from the system, he […]
§5-10-22k. One-Time Bonus Payment for Certain Annuitants Effective July 1, 2011
(a) As an additional bonus payment to other retirement allowances provided, a one-time bonus payment to retirement benefits shall be paid to retirants of the system as provided in subsection (b) of this section. The one-time bonus payment shall equal $1,200 and shall be paid on July 27, 2011. (b) The one-time bonus payment provided […]
§5-10-19. Employers to File Information as to Employees Service
(a) Each participating public employer shall file with the board of trustees, in such form as the board shall from time to time prescribe, a detailed statement of all service rendered to participating public employers by each of its employees and by any retirant who retired under section twenty-two-c of this article and who is […]
§5-10-22l. Minimum Benefit for Certain Retirants
(a) For purposes of this section: (1) “Elected public official” means any member of the Legislature or any member of the legislative body of any political subdivision; and
§5-10-9. Chairman and Vice Chairman; Executive Secretary; Employees; Treasurer; Legal Advisor; Actuary
(a) The board of trustees shall elect from its own number a chairman and a vice chairman. (b) The board of trustees shall appoint an executive secretary of the retirement system. The executive secretary shall be the chief administrative officer of the system; and shall not be a member of the board. He shall perform […]
§5-10-10. Board Meetings; Quorum; Vote; Proceedings
The board of trustees shall hold a meeting at least once each three months, and shall designate the time and place thereof. Three trustees shall constitute a quorum at any meeting of the board. Each trustee shall be entitled to one vote on each question before the board and at least three concurring votes shall […]
§5-10-11. Reports Required of Board
The board of trustees shall submit to the Governor for transmittal to the Legislature, on or before December 1, in each year, a report showing the fiscal affairs and transactions of the retirement system for the preceding fiscal year. The said report shall contain, but shall not be limited to, a financial balance sheet, a […]