§ 36-10-9.6 — § 36-10-9.6. Aeronautics inspectors — Retirement.

Rhode Island § 36-10-9.6

• Jurisdiction: Rhode Island
• Title 36: Public Officers and Employees
• Ch. 36-10: Retirement System — Contributions and Benefits

Text

§ 36-10-9.6. Aeronautics inspectors — Retirement.

(a) This section shall only apply to the retirement of members employed as aeronautics inspectors.

(b) In determining the creditable service of any aeronautics inspector employed by the state of Rhode Island for the purpose of retirement of a service retirement allowance, not including a deferred retirement allowance, there may be added to, and included in, total service as defined in this chapter, not more than four (4) years of applied work experience, the experience to be defined as a pilot or aeronautics inspector. The service shall not be counted as credible service unless the member shall pay into the retirement system the contribution equal to ten percent (10%) of the member's first year earnings as an aeronautics inspector for the first year purchased, ten percent (10%) of the member's second year earnings as an aeronautics inspector for the second year purchased, ten percent (10%) of the member's third year earnings as an aeronautics inspector for the third year purchased, and ten percent (10%) of the member's fourth year earnings as an aeronautics inspector for the fourth year purchased. Application to purchase credit and payment for each year of the year for which he or she claims credit shall be made on or before December 31, 1987. Thereafter, a member applying for credits shall pay full actuarial costs.

Legislative History

P.L. 1987, ch. 353, § 1; P.L. 2011, ch. 408, § 7; P.L. 2011, ch. 409, § 7.