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2012 -- H 7263 | |
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LC00834 | |
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STATE OF RHODE ISLAND | |
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IN GENERAL ASSEMBLY | |
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JANUARY SESSION, A.D. 2012 | |
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A N A C T | |
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RELATING TO PUBLIC OFFICERS AND EMPLOYEES -- RETIREMENT SYSTEM | |
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Introduced By: Representatives Ehrhardt, and Reilly | |
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Date Introduced: January 26, 2012 | |
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Referred To: House Finance | |
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It is enacted by the General Assembly as follows: | |
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SECTION 1. Section 42-149-3.1 of the General Laws in Chapter 42-149 entitled "State |
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Expenditures for Non-State Employee Services" is hereby amended to read as follows: |
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42-149-3.1. Assessment on state expenditures for non-state employee services. -- |
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Whenever a department, commission, board, council, agency or public corporation incurs |
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expenditures through contracts or agreements by which a nongovernmental person or entity |
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agrees to provide services which are substantially similar to and in lieu of services hereto fore |
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provided, in whole or in part, by regular employees of the department, commission, board, |
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council, agency or public corporation covered by chapter 36-8, those expenditures shall be |
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subject to an assessment equal to five and one-half percent (5.5%) of the cost of the service. That |
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assessment shall be paid to the retirement system on a quarterly basis in accordance with |
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subsection 36-10-2(e), and notwithstanding the terms and provisions of subsection 36-10-2 (e)(4), |
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shall serve to reduce the required annual contribution to be made by the state to the pension fund |
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pursuant to section 36-10-2. |
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SECTION 2. This act shall take effect upon passage. |
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LC00834 | |
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EXPLANATION | |
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BY THE LEGISLATIVE COUNCIL | |
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OF | |
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A N A C T | |
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RELATING TO PUBLIC OFFICERS AND EMPLOYEES -- RETIREMENT SYSTEM | |
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This act would provide that the assessment on expenditures for non-governmental |
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contractors be applied to reduce the required annual contribution to be made by the state to the |
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pension fund pursuant to section 36-10-2. |
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This act would take effect upon passage. |
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LC00834 | |
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