§ 16-15-14.1. Additional retirement grants for state college and school teachers — Payment.
(a) The general assembly shall also annually appropriate a sum sufficient to pay an additional retirement grant which when added to the existing pension will provide for the payment of a pension of not more than two thousand dollars ($2,000) annually to every retired teacher who qualified for and is receiving retirement benefits for teaching at Rhode Island College, the University of Rhode Island, or other state schools whose present annual pension is less than two thousand dollars ($2,000). This additional grant shall be an annual state grant and shall be in addition to any and all amounts being paid from the state pension or retirement system and shall be administered by the retirement division in the department of treasury.
(b) These grants shall be apportioned into monthly benefits and shall be disbursed monthly.
History of Section.P.L. 1966, ch. 274, § 3.
Structure Rhode Island General Laws
Chapter 16-15 - Teachers’ Pensions
Section 16-15-1 - — 16-15-12. Repealed.
Section 16-15-13. - Additional pension and retirement grants — Declaration of policy.
Section 16-15-14. - Annual grant for teachers retiring after July 1, 1949.
Section 16-15-14.1. - Additional retirement grants for state college and school teachers — Payment.
Section 16-15-15. - Payment of grants for teachers retiring after July 1, 1949.
Section 16-15-16. - Annual grant for teachers retiring prior to July 1, 1949.
Section 16-15-17. - Payment of grants for teachers retiring prior to July 1, 1949.