AN ACT RELATING TO TOWNS AND CITIES -- RELATING TO CENTRAL FALLS PENSION PLAN

Summary

The law lets Central Falls adopt optional retirement for its police and firefighters, closes the plan to new members, and reduces employee contribution rates from 11.7% to 10% starting July 1 2026. It also sets rules for disability benefits, employer funding obligations, and how the retirement board handles the closed plan. The changes affect current plan members and future city employees.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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