Chapter 300

2006 -- S 3093 SUBSTITUTE A

Enacted 07/04/06

A N A C T

RELATING TO TOWNS AND CITIES - RETIREMENT OF MUNICIPAL EMPLOYEES

Introduced By: Senator John J. Tassoni

Date Introduced: May 11, 2006

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/or regular firefighters who are members of Smithfield's private

pension system may become members of the Municipal Employees' Retirement System of the

State of Rhode Island in accordance with chapters 21 or 21.2 of this title. No resolution may be

adopted by the Town of Smithfield pursuant to this subsection 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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LC03201/SUB A/2

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