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Home » US Law » 2022 Rhode Island General Laws » Title 45 - Towns and Cities » Chapter 45-13.2 - Municipal Incentive Aid » Section 45-13.2-5. – Purpose of the Municipal Incentive Aid Program.

§ 45-13.2-5. Purpose of the Municipal Incentive Aid Program.

The purpose of this Municipal Incentive Aid program, shall be to encourage municipalities to improve the sustainability of their retirement plans and to reduce unfunded liabilities thereunder, by providing additional state aid to those municipalities that comply with the requirements and provisions of this chapter.

History of Section.
P.L. 2013, ch. 144, art. 11, § 1.