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RI H7459
Bill
Status
1/30/2026
Primary Sponsor
Christopher Paplauskas
Click for details
AI Summary
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Reduces teacher retirement eligibility from "Rule of 95" to "Rule of 93," where the rule number equals the sum of age plus years of service required for retirement
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New retirement eligibility options effective July 1, 2026: age 65 with 28 years of service, age 64 with 29 years, age 63 with 30 years, or age 62 with 31 years of total service
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Current law requires: age 65 with 30 years, age 64 with 31 years, age 63 with 32 years, or age 62 with 33 years of service
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Amends both the Teachers' Retirement statute (Section 16-16-12) and the general Retirement System statute (Section 36-10-9)
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Takes effect upon passage
Legislative Description
Allows teachers to retire earlier upon what would be referred to as a Rule of 93, rather than the existing Rule of 95 under present state statutes.
Education
Last Action
Introduced, referred to House Finance
1/30/2026