Rhode Island General Laws
Chapter 45-13.2 - Municipal Incentive Aid
Section 45-13.2-5. - Purpose of the Municipal Incentive Aid Program.

§ 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.
History of Section.P.L. 2013, ch. 144, art. 11, § 1.

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Structure Rhode Island General Laws

Rhode Island General Laws

Title 45 - Towns and Cities

Chapter 45-13.2 - Municipal Incentive Aid

Section 45-13.2-1. - Short title.

Section 45-13.2-2. - Legislative findings.

Section 45-13.2-3. - Definitions.

Section 45-13.2-4. - State Aid Incentive Program appropriated.

Section 45-13.2-5. - Purpose of the Municipal Incentive Aid Program.

Section 45-13.2-6. - Distributions.