Rhode Island § 36-10.3-5 § 36-10.3-5. Employer contributions.

Rhode Island Statutes

§ 36-10.3-5 — § 36-10.3-5. Employer contributions.

Rhode Island § 36-10.3-5

Title 36Public Officers and Employees

Ch. 36-10.3Defined Contribution Retirement Plan

This text of Rhode Island § 36-10.3-5 (§ 36-10.3-5. Employer contributions.) 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.

Bluebook

R.I. Gen. Laws § 36-10.3-5 (2026).

Text

§ 36-10.3-5. Employer contributions.
(1) An employer shall contribute to each regular member's individual account the following
            amounts on the date contributions are withheld but no later than three (3) business
            days following the pay period ending in which contributions were withheld:
         
(i) For members with fewer than ten (10) years of total service as of June 30, 2012, an
            amount equal to one percent (1%) of the member's compensation at the end of each payroll
            period from July 1 to the following June 30;
         
(ii) For members with ten (10) or more, but fewer than fifteen (15)

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§ 36-10.3-5. Employer contributions.

(1) An employer shall contribute to each regular member's individual account the following amounts on the date contributions are withheld but no later than three (3) business days following the pay period ending in which contributions were withheld:

(i) For members with fewer than ten (10) years of total service as of June 30, 2012, an amount equal to one percent (1%) of the member's compensation at the end of each payroll period from July 1 to the following June 30;

(ii) For members with ten (10) or more, but fewer than fifteen (15) years of total service as of June 30, 2012, an amount equal to one percent (1%) of the member's compensation at the end of each payroll period from July 1, 2012, through June 30, 2015, and effective July 1, 2015, an amount equal to one and one-quarter percent (1.25%) of the member's compensation at the end of each payroll period; and

(iii) For members with fifteen (15) or more, but fewer than twenty (20) years of total service as of June 30, 2012, an amount equal to one percent (1%) of the member's compensation at the end of each payroll period from July 1, 2012, through June 30, 2015, and effective July 1, 2015, an amount equal to one and one-half percent (1.5%) of the member's compensation at the end of each payroll period from July 1 to the following June 30.

(2) An employer shall contribute to the individual account of each public safety member, not participating in Social Security under the Federal Old Age, Survivors and Disability Income program, an amount equal to three percent (3%) of the member's compensation from July 1 to the following June 30.

(3) Contributions by supplemental employers shall be governed by § 36-10.3-6.