§ 36-7-26. Revolving fund — Payments to federal government.
(a) All payments made by any city, town, or agency of the state shall be credited by the general treasurer to a revolving fund which shall be established with the approval of the governor and the director of administration and a sum sufficient for the purpose is hereby appropriated out of any money in the treasury not otherwise appropriated.
(b) Any payments by the general treasurer to the secretary of the treasury as hereinabove authorized and as provided in § 36-7-3(2), shall be charged to that fund.
History of Section.P.L. 1951, ch. 2675, § 6; P.L. 1954, ch. 3407, § 1; P.L. 1955, ch. 3546, § 7; G.L. 1956, § 36-7-26.
Structure Rhode Island General Laws
Title 36 - Public Officers and Employees
Chapter 36-7 - Federal Old-Age and Survivors’ Insurance
Section 36-7-1. - Purpose of provisions.
Section 36-7-2. - Definitions.
Section 36-7-3. - Agreement with federal government.
Section 36-7-4. - Application to state employees.
Section 36-7-5. - Civilian employees of national guard.
Section 36-7-6. - Subscription to agreement by city, town, or state agency.
Section 36-7-7. - Filing of resolution, ordinance, or vote — Contributions — Effective date.
Section 36-7-9. - Denial of participation to city, town, or agency.
Section 36-7-10. - Retirement system defined.
Section 36-7-11. - Request for referendum of state retirement system members.
Section 36-7-12. - Request for referendum of city, town, or agency retirement system members.
Section 36-7-13. - Commission to conduct referendum.
Section 36-7-14. - Authorization of referendum.
Section 36-7-15. - Notice of referendum — Benefits equal to retirement system.
Section 36-7-16. - Eligibility to vote in referendum.
Section 36-7-18. - Interval between referenda.
Section 36-7-19. - Certification of results of referendum.
Section 36-7-20. - Expense of referendum.
Section 36-7-21. - Intent to preserve retirement system protection.
Section 36-7-22. - Contributions imposed on city, town, and agency employees.
Section 36-7-23. - Deductions by cities, towns, and agencies.
Section 36-7-24. - State contributions.
Section 36-7-25. - Payments by cities, towns, and agencies — Interest on delinquent payments.
Section 36-7-26. - Revolving fund — Payments to federal government.
Section 36-7-27. - Duties of general treasurer.
Section 36-7-28. - Forwarding of contributions and reports by cities, towns, and agencies.
Section 36-7-30. - Assurance of payment of amounts due from state agencies.
Section 36-7-31. - Appropriations.
Section 36-7-32. - Validation of ordinances and resolutions.
Section 36-7-33. - Coverage of employees ineligible for retirement.
Section 36-7-33.1. - FICA Alternative Retirement Income Security Program.
Section 36-7-34. - Positions covered by more than one system.