It is enacted by the General Assembly as follows:

SECTION 1. Section 36-8-21 of the General Laws in Chapter 36-8 entitled "Retirement System -- Administration" is hereby amended to read as follows:

36-8-21. Special commission. -- (a) There is hereby created a special commission entitled "Special Commission to Study the Alteration of the Pension System for New Employees," the purpose of which shall be to study changes to the current state pension system to be applied to new employees, and to report to the Governor and to the General Assembly with advice and recommendations as to such changes on or before March 1, 1996 {ADD April 1, 1997 ADD} .

(b) The commission shall consist of nine (9) members as follows:

(1) The director of administration, who shall be chairperson of the commission;

(2) The Governor's policy director;

(3) One (1) member of the House of Representatives as appointed by the speaker of the house;

(4) One (1) member of the state Senate appointed by the majority leader of the senate;

(5) One (1) member appointed by the president of the Rhode Island AFL-CIO who shall be an official of organized labor representing public school teachers in Rhode Island;

(6) One (1) member appointed by the president of the Rhode Island AFL-CIO who shall be an official of organized labor representing state employees; and

(7) Three (3) members of the public appointed by the Governor.

(c) The commission shall be appointed no later than September 1, 1995.

(d) Members of the commission shall serve without compensation.

(e) The commission may request and shall receive from any instrumentality of the state such information and assistance as it deems necessary for the proper execution of its powers and duties under this section.

(f) The commission shall expire on June 30, 1996 {ADD June 1, 1997 ADD} .

SECTION 2. This act shall take effect upon passage.