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§45-21-41  Members' contributions – Payroll deductions – Certification to board. –

Published: 2015

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Towns and cities


Retirement of Municipal Employees

SECTION 45-21-41

   § 45-21-41  Members' contributions –

Payroll deductions – Certification to board. –

(a) Prior to July 1, 2012, each member shall contribute an amount equal to six

percent (6%) of salary or compensation earned and accruing to the member;

provided, that contributions by any member cease when the member has completed

the maximum amount of service credit attainable. Special compensation for

additional fees shall not be considered as compensation for contribution

purposes. Effective July 1, 2012, each member shall contribute an amount equal

to one percent (1%) of his or her compensation as his or her share of the cost.

Effective July 1, 2015, each member with twenty (20) or more years of total

service as of June 30, 2012 shall contribute an amount equal to eight and

one-quarter percent (8.25%) of compensation.

   (b) Each municipality shall deduct the previously stated rate

from the compensation of each member on each and every payroll of the

municipality, and the deduction made during the entire time a member is in

service subject to termination as stated in the foregoing paragraph.

   (c) The deductions provided for in this section shall be made

notwithstanding that the minimum compensation provided for by law for any

member is reduced by the compensation. Every member is deemed to consent and

agree to the deductions made and provided for in this section, and shall

receipt for his or her full salary or compensation; and payment of salary or

compensation less those deductions are a full and complete discharge and

acquittance of all claims and demands for the services rendered by the person

during the period covered by the payment except as to the benefits provided

under this chapter. Each participating municipality shall certify to the

retirement board the amounts deducted from the compensation of members. Each of

the amounts, when deducted, shall be credited to an individual account of the

member from whose compensation the deduction was made.

History of Section.

(P.L. 1951, ch. 2784, § 13; G.L. 1956, § 45-21-41; R.P.L. 1957, ch.

135, § 4; P.L. 1959, ch. 23, § 7; P.L. 1963, ch. 212, § 3; P.L.

1965, ch. 230, § 1; P.L. 1971, ch. 244, § 1; P.L. 2011, ch. 408,

§ 11; P.L. 2011, ch. 409, § 11; P.L. 2015, ch. 141, art. 21, §