AN ACT RELATING TO PUBLIC OFFICERS AND EMPLOYEES -- RETIREMENT SYSTEM -- MEMBERSHIP AND SERVICE CREDITS

Summary

The bill lets active members of Rhode Island’s public retirement system who served in the armed forces, Merchant Marine, or, for police officers and firefighters, the National Guard or reserves, purchase up to four years of credit toward their pension. Credits cost 10 % of the employee’s first‑year salary for each year purchased and are interest‑free if bought within the first five years of membership. The provision applies only to those with an honorable discharge and also covers members on official sick‑or‑injury leave.

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