RETIREMENT AND PENSIONS Sec

Payment of state employee contributions on behalf of employees; inclusion of contributions in compensation for determining benefits; adjustment in compensation of state employees; ‘‘pick-up’’ contributions. Pension accumulation fund; purposes; employer contributions; crediting of interest and dividends earned on funds of the retirement system. Maintenance of annuity and pension reserves and payment of benefits under this chapter as obligations of the pension accumulation fund; permissible uses of assets of the fund. Certification of normal cost and unfunded accrued liability contribution rates to employers; provision in employer’s budget for employer contributions. Commencement date for contributions to retirement system [Repealed]. Effective date of chapter; effect of budget appropriations on obligation of state agency or other employer to make contributions. Expense fund; purposes. 47-2-91. 47-2-92. 47-2-96.