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RI S2234
Bill
Status
1/23/2026
Primary Sponsor
Louis Dipalma
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AI Summary
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Police officers and firefighters who are members of the state retirement system and served in the National Guard or reserves may purchase creditable service at a ratio of 5 years of guard/reserve service to 1 year of retirement credit, up to a maximum of 4 years
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Eligibility requires an honorable discharge and qualification as a veteran
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Police officers or firefighters on official leave of absence for illness or injury remain eligible to purchase these military credits
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Purchase cost is 10% of the member's first year's earnings as a state employee, multiplied by the number of years of service being credited
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No interest is charged if purchased within the first 5 years of retirement system membership; interest applies if purchased after 5 years, except for members in the system prior to July 1, 1980
Legislative Description
Allows members of the retirement system who served in the national guard or reserves and qualify as veterans, to purchase retirement service credits based on their years of service in the National guard or reserves.
Public Officers And Employees
Last Action
Introduced, referred to Senate Finance
1/23/2026