Chapter 242

2004 -- H 7646

Enacted 07/01/04

 

 

A N A C T

RELATING TO TOWNS AND CITIES -- BURRILLVILLE

     

     

 

     Introduced By: Representatives Aubin, and Lowe

     Date Introduced: February 10, 2004

 

It is enacted by the General Assembly as follows:

 

     SECTION 1. Section 45-21.2-25 of the General Laws in Chapter 45-21.2 entitled

"Optional Retirement for Members of Police Force and Fire Fighters" is hereby repealed.

     45-21.2-25. Burrillville police -- Optional twenty (20) year retirement on service

allowance. -- Notwithstanding section 45-21.2-22, the town council of the town of Burrillville

may, by ordinance adopted, permit the retirement of a member on a service retirement allowance

as follows:

      (1) Any member of the Burrillville Police Department may retire pursuant to this section

upon his or her written application to the board stating at what time he or she desires to retire;

provided, that the member, at the specified time for his or her retirement has completed at least

twenty (20) years of total service;

      (2) Upon retirement from service, pursuant to subdivision (1) of this section, a member

shall receive a retirement allowance which shall be a life annuity terminable at the death of the

annuitant, and shall be equal to three percent (3%) of final compensation multiplied by the years

of total service, but not to exceed sixty percent (60%) of final compensation;

      (3) Upon the adoption of a service retirement allowance, pursuant to this section, each

member shall contribute an amount equal to one and two-tenths percent (1.2%) more than that

contribution required under section 45-21.2-14;

      (4) This section shall be exempt from the provisions of chapter 13 of this title.

     SECTION 2. Chapter 45-21.2 of the General Laws entitled "Optional Retirement for

Members of Police Force and Fire Fighters" is hereby amended by adding thereto the following

section:

     45-21.2-22.1. Burrillville police – Optional twenty-year retirement on service

allowance. -- Notwithstanding section 45-21.2-22, the town council of the town of Burrillville,

may by ordinance adopted, permit the retirement of a member on a service retirement allowance

as follows:

     (1) Any member may retire pursuant to this section upon his or her written application to

the board stating at what time he or she desires to retire; provided, that the member, at the

specified time of his or her retirement, has completed at least twenty (20) years of total service;

     (2) Upon retirement from service, pursuant to subdivision (1), a member receives a

retirement allowance that is a life annuity terminable at the death of the annuitant, and is equal to

three percent (3%) of final compensation multiplied by the years of total service, but not to

exceed sixty percent (60%) of final compensation;

     (3) Upon retirement from service where member has in excess of twenty (20) years of

service, a member receives a retirement allowance that is a life annuity terminable at the death of

the annuitant, and is an amount equal to the sum of three percent (3%) of final compensation

multiplied by the first twenty (20) years of service and one and one-half percent (1.5%) of final

compensation multiplied by the years of service in excess of twenty (20) years. The annual

retirement allowance in no event shall exceed seventy-five percent (75%) of final compensation;

     (4) Upon the adoption of a service retirement allowance, pursuant to this section, each

member shall contribute an amount equal to ten and two-tenths percent (10.2%) of the salary or

compensation earned or accrued to the member;

     (5) Notwithstanding anything to the contrary hereinabove, any member who retires with

less than twenty (20) years of service shall be subject to section 45-21.2-6 for purposes of

determining any service retirement allowance;

     (6) This section is exempt from the provisions of chapter 13 of this title;

     (7) Except as specifically set forth hereinabove, all other provisions of chapter 45-21.2

shall be applicable to Burrillville police officers who make application to retire.

     SECTION 3. This act shall take effect upon passage.

     

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LC01103

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