Rhode Island § 45-10-15 § 45-10-15. Compliance with requirements of "governmental accounting standards board (GASB)â€� pension funding.

Rhode Island Statutes

§ 45-10-15 — § 45-10-15. Compliance with requirements of "governmental accounting standards board (GASB)â€� pension funding.

Rhode Island § 45-10-15

Title 45Towns and cities

Ch. 45-10Audit of Accounts and Installation of Systems

This text of Rhode Island § 45-10-15 (§ 45-10-15. Compliance with requirements of "governmental accounting standards board (GASB)â€� pension funding.) 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 § 45-10-15 (2026).

Text

§ 45-10-15. Compliance with requirements of "governmental accounting standards board (GASB)â€� pension
               funding.
For any audit year in which a municipality contributes materially less than 100% of
            the annual required contribution to its pension plan(s) as reported in accordance
            with GASB statement 27 or any successor statement, the municipality shall submit to
            the auditor general and the director of revenue, within three (3) months of completion
            of the financial statement, the municipality's most recent actuarial study of the
            plan(s) and management's recommendations for assuring future payments equal to the
            annual pension cost (APC).
 

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§ 45-10-15. Compliance with requirements of "governmental accounting standards board (GASB)â€� pension funding.

For any audit year in which a municipality contributes materially less than 100% of the annual required contribution to its pension plan(s) as reported in accordance with GASB statement 27 or any successor statement, the municipality shall submit to the auditor general and the director of revenue, within three (3) months of completion of the financial statement, the municipality's most recent actuarial study of the plan(s) and management's recommendations for assuring future payments equal to the annual pension cost (APC).