§ 45-21.2-20. Persons eligible for optional benefits — Time of election — Modification or revocation — Effective date.
(a) The optional provisions of § 45-21.2-6(b) are applicable only to a member applying for a service retirement allowance, an accidental disability retirement allowance, an ordinary disability retirement allowance or any inactive member applying for retirement under vested rights. The election under option 1 or 2 is made at the time of retirement of the member as part of his or her application for a retirement allowance.
(b) The election is based upon the amount of retirement allowances that may accrue at the date of death of the member, and may be revoked or modified by the member at any time after retirement on a form prescribed by the retirement board; and, provided, further, that, during this time, the named beneficiary has not been divorced from the member.
(c) The option in the case of death of a retired member becomes effective on the day following the death of the member, and payment of benefits are made in accordance with the provisions of this section, subject to the limitations prescribed in § 45-21.2-6.
History of Section.P.L. 1988, ch. 513, § 2; P.L. 1996, ch. 233, § 3; P.L. 2011, ch. 408, § 12; P.L. 2011, ch. 409, § 12.
Structure Rhode Island General Laws
Chapter 45-21.2 - Optional Retirement for Members of Police Force and Firefighters
Section 45-21.2-2. - Definitions.
Section 45-21.2-3. - Optional retirement for police and firefighters.
Section 45-21.2-4. - Mode of administration.
Section 45-21.2-5. - Retirement on service allowance.
Section 45-21.2-5.1. - Retirement credits for layoffs.
Section 45-21.2-6. - Service retirement allowance.
Section 45-21.2-6.1. - South Kingstown police department — Retirement allowance.
Section 45-21.2-6.2. - Johnston police department retirement allowance.
Section 45-21.2-6.3. - Richmond police department — Retirement allowance.
Section 45-21.2-7. - Retirement for ordinary disability.
Section 45-21.2-8. - Ordinary disability allowance.
Section 45-21.2-9. - Retirement for accidental disability.
Section 45-21.2-10. - Accidental disability allowance.
Section 45-21.2-11. - Accidental death benefits.
Section 45-21.2-12. - Ordinary death benefit.
Section 45-21.2-13. - Benefit on death of retired member.
Section 45-21.2-14. - Contributions.
Section 45-21.2-15. - Tax exemption — Fraudulent claims — Amendment.
Section 45-21.2-16. - Call system credit — North Providence fire department.
Section 45-21.2-17. - Woonsocket police department.
Section 45-21.2-17.1. - Woonsocket fire department.
Section 45-21.2-17.2. - Cranston Fire Department.
Section 45-21.2-17.3. - Cranston Police Department.
Section 45-21.2-18. - Call system credit — North Kingstown fire department.
Section 45-21.2-19. - Volunteer time and call system credit — East Greenwich fire district.
Section 45-21.2-21. - Optional annuity protection — Death while employee or inactive member status.
Section 45-21.2-22. - Optional twenty year retirement on service allowance.
Section 45-21.2-22.1. - Burrillville police — Optional twenty-year retirement on service allowance.
Section 45-21.2-23. - North Smithfield volunteer fire department.
Section 45-21.2-24. - Actuarial studies of retirement allowances.