§ 16-16-42 — § 16-16-42. Life insurance benefits.
This text of Rhode Island § 16-16-42 (§ 16-16-42. Life insurance benefits.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
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§ 16-16-42. Life insurance benefits.
Notwithstanding any other provision of law to the contrary, any member who, at the time of retirement from service, has in effect life insurance provided for as a benefit of his or her employment shall, after retirement, be entitled to keep the policy of life insurance in effect by paying to the city or town an amount equal to the annual cost of the policy for the individual at the time of the individual's retirement. The policy of insurance shall remain in effect for so long as the member continues to make annual payments.
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Rhode Island § 16-16-42, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/16-16-42.