2015 -- S 0920 | |
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LC002539 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2015 | |
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A N A C T | |
RELATING TO PUBLIC OFFICERS AND EMPLOYEES -- RETIREMENT SYSTEM- | |
CONTRIBUTIONS AND BENEFITS | |
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Introduced By: Senator Frank A. Ciccone | |
Date Introduced: May 14, 2015 | |
Referred To: Senate Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 36-10-9.2 of the General Laws in Chapter 36-10 entitled |
2 | "Retirement System-Contributions and Benefits" is hereby amended to read as follows: |
3 | 36-10-9.2. Retirement on service allowance -- Correctional officers. -- (a) This section |
4 | shall apply to the retirement of members employed as assistant director (adult services), assistant |
5 | deputy director, chief of inspection, and associate directors, correctional officer, chief of security, |
6 | work rehabilitation program supervisor, supervisor of custodial records and reports, and |
7 | classification counselor, adult counselor, food service supervisor, administrator of community |
8 | confinement, chief of motor pool and maintenance, home confinement coordinator, inspectors in |
9 | the office of inspection, and shop supervisors within the department of corrections. |
10 | (b) (i) Any member who has attained the age of fifty (50) years may be retired |
11 | subsequent to the proper execution and filing of a written application; provided, however, that the |
12 | member shall have completed twenty (20) years of total service within the department of |
13 | corrections and who retires before October 1, 2009 or is eligible to retire as of September 30, |
14 | 2009. |
15 | (ii) For members who become eligible to retire on or after October 1, 2009, benefits are |
16 | available to members who have attained the age of fifty-five (55) and have completed at least |
17 | twenty-five (25) years of total contributory service within the department of corrections. For |
18 | members in service as of October 1, 2009 who were not eligible to retire as of September 30, |
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1 | 2009 but who are eligible to retire on or prior to June 30, 2012, the minimum retirement age of |
2 | fifty-five (55) will be adjusted downward in proportion to the amount of service the member has |
3 | earned as of September 30, 2009. The proportional formula shall work as follows: |
4 | (1) The formula shall determine the first age of retirement eligibility under the laws in |
5 | effect on September 30, 2009 which shall then be subtracted from the minimum retirement age of |
6 | fifty-five (55). |
7 | (2) The formula shall then take the member's total service credit as of September 30, |
8 | 2009 as the numerator and the years of service credit determined under (1) as the denominator. |
9 | (3) The fraction determined in (2) shall then be multiplied by the age difference |
10 | determined in (1) to apply a reduction in years from age fifty-five (55). |
11 | (c) Any member with contributory service on or after July 1, 2012, who has completed at |
12 | least five (5) years of contributory service but who has not completed twenty-five (25) years of |
13 | contributory service, shall be eligible to retire upon the attainment of the member's Social |
14 | Security retirement age. |
15 | SECTION 2. This act shall take effect upon passage. |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO PUBLIC OFFICERS AND EMPLOYEES -- RETIREMENT SYSTEM- | |
CONTRIBUTIONS AND BENEFITS | |
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1 | This act would add adult counselor, food service supervisor, administrator of community |
2 | confinement, chief of motor pool and maintenance, home confinement coordinator, inspectors in |
3 | the office of inspection, and shop supervisors to the list of department of corrections position |
4 | classifications eligible to retire under the retirement-on-service allowance formula for |
5 | correctional officers. |
6 | This act would take effect upon passage. |
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