2022 -- H 7386

========

LC004041

========

     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2022

____________

A N   A C T

RELATING TO EDUCATION -- TEACHERS' RETIREMENT (SEE TITLE 16 CHAPTER 97 -

- THE RHODE ISLAND BOARD OF EDUCATION ACT)

     

     Introduced By: Representatives Shanley, Tanzi, and Phillips

     Date Introduced: February 09, 2022

     Referred To: House Finance

     It is enacted by the General Assembly as follows:

1

     SECTION 1. Section 16-16-20 of the General Laws in Chapter 16-16 entitled "Teachers'

2

Retirement [See Title 16 Chapter 97 - The Rhode Island Board of Education Act]" is hereby

3

amended to read as follows:

4

     16-16-20. Deduction of amounts received from workers' compensation or as damages.

5

     Any amount paid or payable under the provisions of any workers' compensation law,

6

exclusive of Medicare set aside allocations, specific compensation benefits or any benefits due

7

pursuant to the terms of a collective bargaining agreement or as the result of any action for damages

8

for personal injuries against the state, on account of the death or disability of a teacher, shall be

9

offset against and payable in lieu of any benefits payable out of funds provided by the state under

10

the provisions of this chapter on account of the death or disability of the teacher. If the value of the

11

total commuted benefits under any workers' compensation law or action is less than the present

12

value on an actuarial basis of the benefits otherwise payable under this chapter, the value of the

13

commuted payments shall be deducted from the present value of the benefits, and the balance

14

thereof shall be payable under the provisions of this chapter.

15

     SECTION 2. This act shall take effect upon passage.

========

LC004041

========

 

EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO EDUCATION -- TEACHERS' RETIREMENT (SEE TITLE 16 CHAPTER 97 -

- THE RHODE ISLAND BOARD OF EDUCATION ACT)

***

1

     This act would prevent the state from reducing retirement benefits due for teachers, by the

2

amount they received for workers' compensation specific compensation and Medicare set aside

3

allocations, thereby treating them the same way state and municipal employees are treated.

4

     This act would take effect upon passage.

========

LC004041

========

 

LC004041 - Page 2 of 2