Chapter
513
2004 -- H 8593 SUBSTITUTE A
Enacted 07/07/04
A N A C T
RELATING TO TOWNS AND CITIES
-- RETIREMENT OF MUNICIPAL EMPLOYEES
Introduced By:
Representatives Winfield, and Petrarca
Date
Introduced: June 02, 2004
It is enacted by the General
Assembly as follows:
SECTION
1. Section 45-21-4 of the General Laws in Chapter 45-21 entitled
"Retirement
of Municipal Employees" is
hereby amended to read as follows:
45-21-4.
Acceptance by municipalities -- Effective date. -- (a) Any municipality
may
accept this chapter by an ordinance
or resolution of its governing body stating the group or groups
of employees to be included as
provided in section 45-21-7. When the ordinance or resolution has
been approved, a certified copy of
it shall be forwarded to the retirement board by the city clerk
or the moderator of the financial
town meeting. After the system has begun operations, the
effective date of participation of
any municipality shall be the first day of July at least ninety (90)
days following the receipt by the
retirement board of the certified copy of the ordinance or
resolution as provided in this
section.
(b)
The Smithfield Town Council may by resolution provide that regular police
officers
hired after July 2, 1999, and who are not members of Smithfield's private
pension system shall
may become members of the Municipal Employees' Retirement
System of the State of Rhode
Island in accordance with Chapters
21 or 21.2 of Title 45.; provided, that no resolution may be
adopted by the town of
Smithfield pursuant to this subsection until an actuary study has been
completed to determine the
potential cost of the resolution. The cost of the actuary study shall be
paid by the town of Smithfield.
SECTION
2. This act shall take effect upon passage.
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LC03543/SUB A
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