Chapter 569

2004 -- S 3142 AS AMENDED

Enacted 07/09/04

A N A C T

RELATING TO TOWNS AND CITIES -- RETIREMENT OF MUNICIPAL EMPLOYEES

Introduced By: Senator John J. Tassoni

Date Introduced: May 27, 2004

It is enacted by the General Assembly as follows:

     SECTION 1. Section 45-21-4 of the General Laws in Chapter 45-21 entitled "Retirement

of Municipal Employees" is hereby amended to read as follows:

45-21-4. Acceptance by municipalities -- Effective date. -- (a) Any municipality may

accept this chapter by an ordinance or resolution of its governing body stating the group or groups

of employees to be included as provided in section 45-21-7. When the ordinance or resolution has

been approved, a certified copy of it shall be forwarded to the retirement board by the city clerk

or the moderator of the financial town meeting. After the system has begun operations, the

effective date of participation of any municipality shall be the first day of July at least ninety (90)

days following the receipt by the retirement board of the certified copy of the ordinance or

resolution as provided in this section.

      (b) The Smithfield Town Council may by resolution provide that regular police officers

hired after July 2, 1999, and who are not members of Smithfield's private pension system shall

may become members of the Municipal Employees' Retirement System of the State of Rhode

Island in accordance with Chapters 21 or 21.2 of Title 45. No resolution may be adopted by the

Town of Smithfield pursuant to this sub-section until an actuary study has been completed to

determine the potential cost of the resolution. The cost of the actuary study shall be paid by the

Town of Smithfield.

     SECTION 2. This act shall take effect upon passage.

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LC03511

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