§ 36-8-2. Establishment of system.
A retirement system is hereby established and placed under the management of the retirement board for the purpose of providing retirement allowances for employees of the state of Rhode Island under the provisions of chapters 8 — 10 of this title. The retirement system so created shall begin operation as of July 1, 1936. It shall have the power and privileges of a corporation and shall be known as the “employees’ retirement system of the state of Rhode Island”, and by that name all of its business shall be transacted, all of its funds invested, and all of its cash, securities, and other property held.
History of Section.P.L. 1936, ch. 2334, § 2; G.L. 1938, ch. 18, § 2; G.L. 1956, § 36-8-2.
Structure Rhode Island General Laws
Title 36 - Public Officers and Employees
Chapter 36-8 - Retirement System — Administration
Section 36-8-1. - Definition of terms.
Section 36-8-2. - Establishment of system.
Section 36-8-3. - Responsibility for administration — Rules and regulations.
Section 36-8-3.1. - Immunity of board members.
Section 36-8-4. - Composition of retirement board.
Section 36-8-4.1. - Fiduciary and continuing education requirements.
Section 36-8-5. - Vacancies on board.
Section 36-8-6. - Votes of board — Record of proceedings.
Section 36-8-7. - Reimbursement of board members.
Section 36-8-8. - Annual report and statement.
Section 36-8-8.2. - Special pension benefits.
Section 36-8-9. - Legal adviser — Treasurer — Executive officers and secretary.
Section 36-8-11. - Collection of actuarial and experience data.
Section 36-8-12. - Actuarial investigations authorized by board.
Section 36-8-13. - Periodic actuarial investigations and valuations — Adoption of tables and rates.
Section 36-8-14. - Annual valuation of assets and liabilities.
Section 36-8-15. - Custody and investment of funds.
Section 36-8-16. - Disposition of investment earnings.
Section 36-8-17. - Improper interest in investments of board.
Section 36-8-18. - Severability.
Section 36-8-19. - Annual audits.