The bill amends Section 36-10-36 of the General Laws in Chapter 36-10, which pertains to the post-retirement employment of members who have retired under the provisions of titles 16, 36, or 45. The amendment specifies that retired members may not be employed or reemployed by any state agency or department without suspending their retirement benefits for the duration of such employment. Additionally, no service credits or retirement contributions will be granted or taken during post-retirement employment. Retired members may work for a municipality within the state for a limited number of days without affecting their retirement benefits, provided they do not exceed the specified limits. The bill also outlines conditions under which retired members can serve in various elected or appointed positions, or be reemployed on a part-time basis in certain roles, without forfeiting their retirement benefits.

The bill includes insertions and deletions in the legal language. For instance, it deletes the specific mention of "providing classroom instruction, academic advising of students, and/or coaching" and "faculty" in the context of post-retirement employment at state colleges, universities, or state schools, replacing it with broader terms. The insertion allows for "similarly situated" members to be employed under a collective bargaining agreement, with a cap on part-time earnings. The bill also details the conditions under which retired nurses, magistrates, and other specific roles may be reemployed without impacting their retirement benefits. The act would take effect upon passage and aims to expand the post-retirement positions available to retired members in the state retirement system, particularly at state colleges or universities, while maintaining the cap on part-time earnings.

Statutes affected:
2367: 36-10-36