Rhode Island § 36-10.3-7 § 36-10.3-7. Vesting of contributions.

Rhode Island Statutes

§ 36-10.3-7 — § 36-10.3-7. Vesting of contributions.

Rhode Island § 36-10.3-7

Title 36Public Officers and Employees

Ch. 36-10.3Defined Contribution Retirement Plan

This text of Rhode Island § 36-10.3-7 (§ 36-10.3-7. Vesting of 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 § 36-10.3-7 (2026).

Text

§ 36-10.3-7. Vesting of contributions.
(1) The total amount contributed by the member, including associated investment gains
            and losses, shall immediately vest in the member and is non-forfeitable.
         
(2) The total amount contributed by the employer, including associated investment gains
            and losses, vests with the member and is nonforfeitable upon completion of three (3)
            years of contributory service. Service credited under ERS or MERS prior to the effective
            date of this plan shall be credited to members for vesting purposes.
         

Free access — add to your briefcase to read the full text and ask questions with AI

§ 36-10.3-7. Vesting of contributions.

(1) The total amount contributed by the member, including associated investment gains and losses, shall immediately vest in the member and is non-forfeitable.

(2) The total amount contributed by the employer, including associated investment gains and losses, vests with the member and is nonforfeitable upon completion of three (3) years of contributory service. Service credited under ERS or MERS prior to the effective date of this plan shall be credited to members for vesting purposes.