Rhode Island § 45-21-1 § 45-21-1. Purpose of chapter.

Rhode Island Statutes

§ 45-21-1 — § 45-21-1. Purpose of chapter.

Rhode Island·Title 45 Towns and cities·Ch. 45-21 Retirement of Municipal Employees

§ 45-21-1. Purpose of chapter.
It is the express intention of the legislature by the passage of this chapter to provide
            an actuarially financed retirement system for municipal employees, properly integrated
            with the federal Social Security Act, 42 U.S.C. § 301 et seq., to the end that adequate benefits may be established for the employees of
            any municipality who become superannuated or otherwise incapacitated while in service,
            and whereby the employees may be assisted in accumulating reserves for themselves
            and their dependents to satisfactorily meet the conditions incident to old age, death,
            disability, and termination of the employees, in the inte

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§ 45-21-1. Purpose of chapter.

It is the express intention of the legislature by the passage of this chapter to provide an actuarially financed retirement system for municipal employees, properly integrated with the federal Social Security Act, 42 U.S.C. § 301 et seq., to the end that adequate benefits may be established for the employees of any municipality who become superannuated or otherwise incapacitated while in service, and whereby the employees may be assisted in accumulating reserves for themselves and their dependents to satisfactorily meet the conditions incident to old age, death, disability, and termination of the employees, in the interest of maintaining and promoting efficiency and economy in the administration of government.

Rhode Island § 45-21-1 (§ 45-21-1. Purpose of chapter.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.