2024 -- S 2009 | |
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LC003636 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2024 | |
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A N A C T | |
RELATING TO EDUCATION -- TEACHERS' RETIREMENT | |
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Introduced By: Senators Burke, Pearson, Gallo, LaMountain, Bissaillon, Britto, and | |
Date Introduced: January 10, 2024 | |
Referred To: Senate Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 16-16-38 of the General Laws in Chapter 16-16 entitled "Teachers’ |
2 | Retirement [See Title 16 Chapter 97 — The Rhode Island Board of Education Act]" is hereby |
3 | amended to read as follows: |
4 | 16-16-38. Social security. |
5 | (a) All public school teachers hired on or after July 1, 2024, shall be required to participate |
6 | in the social security retirement system. Payroll taxes, in the form of benefit contributions made |
7 | under the federal Social Security Act, shall be deducted from their payroll checks. |
8 | (b) Notwithstanding the above provision, Sections §§ 16-16-25 through 16-16-38 shall not |
9 | apply to teachers of any city, town, or regional school district who have elected coverage under the |
10 | federal Social Security Act, 42 U.S.C. § 301 et seq., under the provisions of chapter 7 of title 36., |
11 | unless previously granted grandfather rights. The general treasurer is authorized and directed to |
12 | enter into or amend any agreement with the federal government that is necessary to implement the |
13 | provisions of this section, including, but not limited to, any agreement with the federal government |
14 | entered into pursuant to § 36-7-3. |
15 | SECTION 2. This act shall take effect upon passage. |
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LC003636 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO EDUCATION -- TEACHERS' RETIREMENT | |
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1 | This act would require all public school teachers hired on or after July 1, 2024, to |
2 | participate in the retirement system social security pursuant to chapter 7 of title 36. |
3 | This act would take effect upon passage. |
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