This bill amends Section 36-10-36 of the General Laws in Chapter 36-10 entitled "Retirement System Contributions and Benefits." The bill allows retired members of the retirement system to be employed or reemployed by any municipality within the state that has accepted the provisions of chapter 21 of title 45 and participates in the municipal employees' retirement system for a period of not more than seventy-five (75) working days or one hundred fifty (150) half days with half-day pay in any one calendar year without any forfeiture or reduction of retirement benefits and allowances. Pension payments will be suspended if this period is exceeded. The bill also allows retired members to serve in certain elected positions or part-time positions without any forfeiture or reduction of retirement benefits and allowances. The bill increases the maximum post-retirement employment earnings for retired educators from eighteen thousand dollars ($18,000) to twenty-five thousand dollars ($25,000) a year. The bill takes effect upon passage.

Statutes affected:
2156: 36-10-36