2023 -- H 5812 | |
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LC001389 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2023 | |
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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: Representative William W. O'Brien | |
Date Introduced: February 22, 2023 | |
Referred To: House Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 36-10-1 of the General Laws in Chapter 36-10 entitled "Retirement |
2 | System — Contributions and Benefits" is hereby amended to read as follows: |
3 | 36-10-1. Member contributions — Deduction from compensation. |
4 | (a) Prior to July 1, 2012, each member of the retirement system shall contribute an amount |
5 | equal to eight and three-quarters percent (8.75%) of his or her compensation as his or her share of |
6 | the cost of annuities, benefits, and allowances. Effective July 1, 2012, each member of the |
7 | retirement system shall contribute an amount equal to three and three quarters percent (3.75%) of |
8 | his or her compensation, except for correctional officers as defined in § 36-10-9.2 who shall |
9 | contribute an amount equal to eight and three quarters percent (8.75%) of his or her compensation. |
10 | Effective July 1, 2015, each member of the retirement system, except for correctional officers as |
11 | defined in § 36-10-9.2, with twenty (20) or more years of total service as of June 30, 2012 shall |
12 | contribute an amount equal to eleven percent (11%) of compensation. The contributions shall be |
13 | made in the form of deductions from compensation. Effective July 1, 2023, state employees |
14 | employed as environmental police officers by the department of environmental management shall |
15 | contribute an amount equal to ten percent (10%) of their compensation. |
16 | (b) The deductions provided for herein shall be made notwithstanding that the minimum |
17 | compensation provided by law for any member shall be reduced thereby. Every member shall be |
18 | deemed to consent and agree to the deductions made and provided for herein and receipt of his or |
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1 | her full compensation and payment of compensation, less the deductions, shall be a full and |
2 | complete discharge and acquittance of all claims and demands whatsoever for the services rendered |
3 | by the person during the period covered by the payment except as to the benefit provided under this |
4 | chapter. |
5 | SECTION 2. Section 36-10.3-1 of the General Laws in Chapter 36-10.3 entitled "Defined |
6 | Contribution Retirement Plan" is hereby amended to read as follows: |
7 | 36-10.3-1. Definitions. |
8 | As used in this chapter, the following terms, unless the context requires a different |
9 | interpretation, shall have the following meanings: |
10 | (1) “Compensation” means compensation as defined in § 36-8-1(8). |
11 | (2) “Employee” means an employee as defined in §§ 36-8-1(9) and 45-21-2(7) and a |
12 | teacher as defined in § 16-16-1(12), effective July 1, 2012; provided however, effective July 1, |
13 | 2015, “employee” shall not include any employee with twenty (20) or more years of total service |
14 | as of June 30, 2012, in the employees retirement system under chapters 8 through 10 of title 36 or |
15 | chapter 16 of title 16 (ERS), or the municipal employees retirement system under chapter 21 of |
16 | title 45 (MERS); provided, however, effective July 1, 2023, "employee" shall not include |
17 | environmental police officers employed by the department of environmental management. |
18 | (3) “Employer” means the State of Rhode Island or the local municipality which employs |
19 | a member of the Employees Retirement System under chapters 8 through 10 of title 36 or chapter |
20 | 16 of title 16 (ERS) or the Municipal Employees Retirement System under chapters 21 and 21.2 of |
21 | title 45 (MERS). |
22 | (4) “Plan” means the retirement plan established by this chapter. |
23 | (5) A “public safety member” shall mean a member of MERS who is a municipal fire |
24 | fighter or a municipal policeman or policewoman as defined in § 45-21.2-2 who does not participate |
25 | in Social Security under the Federal Old Age, Survivors, and Disability income program. |
26 | (6) “Regular member” means: |
27 | (i) An employee who is a member of ERS other than correctional officers as defined in § |
28 | 36-10-9.2; or |
29 | (ii) An employee who is a member of MERS other than a public safety member. |
30 | (7) The “retirement board” or “board” shall mean the retirement board of the Employees |
31 | Retirement System of Rhode Island as defined in chapter 8 of this title. The retirement board shall |
32 | be the plan administrator and plan trustee and shall administer the plan in accordance with § 36-8- |
33 | 4.1. |
34 | (8) “State investment commission” or “commission” means the state investment |
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1 | commission as defined in § 35-10-1. |
2 | (9) “Supplemental employer” includes any employer that provides supplemental |
3 | contributions to the defined contribution retirement plan as provided in § 36-10.3-3. |
4 | (10) “Supplemental member” is defined in § 36-10.3-3. |
5 | SECTION 3. Chapter 36-10 of the General Laws entitled "Retirement System - |
6 | Contributions and Benefits" is hereby amended by adding thereto the following section: |
7 | 36-10-9.8. Retirement on service allowance -- State law enforcement professionals. |
8 | Effective July 1, 2023, notwithstanding any special law or general law, rule or regulation |
9 | to the contrary, state employees employed as environmental police officers employed by the |
10 | department of environmental management shall be entitled to the benefits provided by §§ 45-21.2- |
11 | 5, 45-21.2-6, 45-21.2-10, 45-21.2-11, 45-21.2-12, and 45-21.2-13. |
12 | SECTION 4. This act shall take effect upon passage. |
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LC001389 | |
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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, effective July 1, 2023, entitle environmental police officers to the benefits |
2 | provided by chapter 21.2 of title 45 entitled "Optional retirement for members of police force and |
3 | firefighters." |
4 | This act would take effect upon passage. |
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LC001389 | |
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