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RI S2835
Bill
Status
3/4/2026
Primary Sponsor
Brian Thompson
Click for details
AI Summary
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Changes the eligibility date for calculating "average compensation" for state employee and teacher retirement benefits from July 1, 2024 back to July 1, 2012
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Reduces the calculation period from the highest 5 consecutive years of compensation to the highest 3 consecutive years for members retiring on or after July 1, 2012
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Applies the same changes to municipal employees' "final compensation" calculations under the municipal employees' retirement system
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Takes effect immediately upon passage
Legislative Description
Changes the teacher and state employees' retirement benefit calculations' cutoff date from July 1, 2024, to July 1, 2012, for all retirement members eligible to and who retire on or after the new July 1, 2012, cutoff date.
Public Officers And Employees
Last Action
Introduced, referred to Senate Finance
3/4/2026