The bill amends Section 36-10-36 of the General Laws regarding post-retirement employment for members of the state retirement system. It expands the types of positions that retired members can hold at state colleges or universities to include roles beyond teaching, while maintaining a cap on their earnings for part-time work. Specifically, it allows retired members to be employed in positions similar to those of other employees under a collective bargaining agreement, with a maximum gross pay of $25,000 per calendar year for part-time roles.

The bill clarifies that retired members can serve in various elected or appointed positions without losing their retirement benefits, provided they do not earn additional service credits. It also specifies that retired members can work in certain capacities, such as providing professional nursing care or serving as general magistrates, without forfeiting their retirement benefits, while ensuring that no additional contributions or service credits are granted for these roles. The act is set to take effect upon passage.

Statutes affected:
2247: 36-10-36