§ 45-65-8. Study commission.
A study commission for locally administered plans shall be established to review existing legislation and pension plan administrative practices and to make recommendations for the improved security and funding of locally administered plans and other post-retirement benefit obligations of cities and towns. The commission shall consist of fourteen (14) members: the director of the department of revenue, or his or her designee; who shall be the chair, the auditor general, one member each representing the department of administration, the general treasurer, the League of Cities and Towns and the Rhode Island Public Expenditures Council, and three (3) members appointed by the governor representing municipal police, fire and non-public safety employees. In addition, the Speaker of the House and President of the State Senate shall each appoint one member to the commission and then shall jointly select and appoint one elected mayor from a city or town with a population greater than 50,000, one elected mayor from a city or town with a population less than 50,000 and one appointed town administrator.
History of Section.P.L. 2011, ch. 408, § 22; P.L. 2011, ch. 409, § 22.
Structure Rhode Island General Laws
Chapter 45-65 - Retirement Security Act for Locally Administered Pension Funds
Section 45-65-1. - Short title.
Section 45-65-3. - Legislative findings.
Section 45-65-4. - Definitions.
Section 45-65-5. - Actuarial valuation methodology.
Section 45-65-6. - Certification and notice requirements.
Section 45-65-7. - Failure to comply.
Section 45-65-8. - Study commission.
Section 45-65-9. - Severability — Indispensable party.
Section 45-65-10. - Oversight and report on the status of locally administered pension plans.