2024 Regular SessionRhode Island Legislature

S2979: Reduces the number of years from five (5) to three (3), when calculating for retirement purposes, the average of the highest consecutive years of compensation, for teachers, and state and municipal employees.

Legislative Summary

EDUCATION -- TEACHERS' RETIREMENT -- PUBLIC OFFICERS AND EMPLOYEES -- RETIREMENT SYSTEM - Reduces the number of years from five (5) to three (3), when calculating for retirement purposes, the average of the highest consecutive years of compensation, for teachers, and state and municipal employees.

Demographic Impact

Overall analysis of equity impact

90% Positive
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Bill History

4/11/2024
Introduced, referred to Senate Finance
Senate
5/17/2024
Scheduled for hearing and/or consideration (05/23/2024)
Senate
5/23/2024
Committee recommended measure be held for further study
Senate
6/11/2024
Scheduled for consideration (06/13/2024)
Senate
6/13/2024
Committee recommends passage
Senate
6/13/2024
Placed on Senate Calendar (06/13/2024)
Senate
6/13/2024
Senate read and passed
Senate

Roll Call Votes

Passage
6/13/2024
34
Yea
0
Nay
3
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Engrossed(6/13/2024)
Chamber
House of Representatives
Sine DiePrior Session

Documents

Introduced
Bill Text4/11/2024123.0 KB