Rhode Island § 16-16-32 § 16-16-32. Refund on retirement.

Rhode Island Statutes

§ 16-16-32 — § 16-16-32. Refund on retirement.

Rhode Island § 16-16-32

Title 16Education

Ch. 16-16Teachersâ€™ Retirement [See Title 16 Chapter 97 â€” The Rhode Island Board of Education Act]

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Bluebook

R.I. Gen. Laws § 16-16-32 (2026).

Text

§ 16-16-32. Refund on retirement.
A member at the date of retirement in lieu of the survivors benefits provided in §§ 16-16-25 — 16-16-38 may elect to receive a lump sum payment equal to his or her contributions to the
            teachers' survivors benefit fund, plus interest. Any member who retired prior to the
            effective date of this legislation shall have one hundred twenty (120) days from the
            effective date of this legislation to elect to receive a lump sum payment equal to
            his or her contributions to the teachers' survivors benefit fund, plus interest. Interest
            is to be calculated and payable only up to the date of retirement.
         

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§ 16-16-32. Refund on retirement.

A member at the date of retirement in lieu of the survivors benefits provided in §§ 16-16-25 — 16-16-38 may elect to receive a lump sum payment equal to his or her contributions to the teachers' survivors benefit fund, plus interest. Any member who retired prior to the effective date of this legislation shall have one hundred twenty (120) days from the effective date of this legislation to elect to receive a lump sum payment equal to his or her contributions to the teachers' survivors benefit fund, plus interest. Interest is to be calculated and payable only up to the date of retirement.