TITLE 36
Public Officers and Employees

CHAPTER 36-8
Retirement System – Administration

SECTION 36-8-16


§ 36-8-16 Disposition of investment earnings.

The retirement board shall credit all earned investment income from interest and dividends on investments and bank deposits during any fiscal year to the contingency reserve account.

History of Section.
(P.L. 1936, ch. 2334, § 3; G.L. 1938, ch. 18, § 3; P.L. 1947, ch. 1971, § 2; G.L. 1956, § 36-8-16; P.L. 1980, ch. 57, § 1.)