§ 45-13.2-5 — § 45-13.2-5. Purpose of the Municipal Incentive Aid Program.
This text of Rhode Island § 45-13.2-5 (§ 45-13.2-5. Purpose of the Municipal Incentive Aid Program.) 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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§ 45-13.2-5. Purpose of the Municipal Incentive Aid Program.
The purpose of this Municipal Incentive Aid program, shall be to encourage municipalities to improve the sustainability of their retirement plans and to reduce unfunded liabilities thereunder, by providing additional state aid to those municipalities that comply with the requirements and provisions of this chapter.
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