The bill amends Section 36-10-36 of the General Laws in Chapter 36-10, which pertains to the Retirement System — Contributions and Benefits, specifically regarding post-retirement employment. The amendment includes a new section that outlines the conditions under which retired members who have retired under the provisions of title 16, 36, or 45 can be employed or reemployed by any state agency, department, or municipality without affecting their retirement benefits. It specifies that retirement benefits will be suspended during any such employment, no additional service credits will be granted, and no retirement contributions will be deducted from the individual’s salary. Additionally, the bill requires that notice of any post-retirement employment be sent monthly to the retirement board by both the employing agency and the retired member.

One significant change made by the bill is the increase in the maximum post-retirement employment earnings for certain retired educators from $18,000 to $25,000 per year. The bill also outlines various conditions under which retired members can serve in elected or appointed positions, or be reemployed on a part-time basis in specific roles, without forfeiting their retirement benefits. This includes provisions for retired members to serve in roles such as elected mayors, town administrators, school committee members, or part-time state or municipal board members, as well as retired teachers, nurses, and magistrates under certain conditions. The act would take effect upon passage.

Statutes affected:
2156: 36-10-36