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Rhode Island Statutes, Title 45

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Rhode Island/Statutes

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Title 45, Title 45 and Cities

113 chapters · 1,575 sections in this title.

All chapters in Title 451,575 Ch 45-2, Chapter 45-2 General Powers86 Ch 45-21, Chapter 45-21 Retirement of Municipa…75 Ch 45-24, Chapter 45-24 Zoning Ordinances59 Ch 45-25, Chapter 45-25 City Housing Authorities57 Ch 45-32, Chapter 45-32 Redevelopment Projects53 Ch 45-12, Chapter 45-12 Indebtedness of Towns …47 Ch 45-23, Chapter 45-23 Subdivision of Land45 Ch 45-50, Chapter 45-50 Municipal Public Build…34 Ch 45-21.2, Chapter 45-21.2 Optional Retirement …33 Ch 45-19, Chapter 45-19 Relief of Injured and …32 Ch 45-29, Chapter 45-29 Eminent Domain for Hou…32 Ch 45-38.1, Chapter 45-38.1 Health and Education…30 Ch 45-33.2, Chapter 45-33.2 Municipal Tax Increm…29 Ch 45-3, Chapter 45-3 Town Meetings28

10 sections·Filtered byTitle 45✕Ch 45-65✕

R.I. Gen. Laws § 45-65-1. Short title
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This chapter shall be known as and may be cited as the “Pathway to Retirement Security for Locally Administered Pension Funds Act.”
R.I. Gen. Laws § 45-65-10. Oversight and report on the status of locally administered pension plans
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(a) An advisory council regarding locally administered pension plans shall be established and consist of: (1) The general treasurer, who shall serve as a chairperson; (2) The auditor general; (3) A representative of organized labor appointed by the governor; (4) A representative …
R.I. Gen. Laws § 45-65-2. Purpose
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The purpose of this chapter is to provide retirement security to current and retired municipal employees by codifying standards to promote the sustainability and longevity of pension plans established and administered by municipalities.
R.I. Gen. Laws § 45-65-3. Legislative findings
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It is the intention of the general assembly to begin the process of ensuring the sustainability of locally administered pension plans and to advance and maintain the long-term stability of such plans. The general assembly finds and declares that: (1) Rhode Island law authorizes a…

R.I. Gen. Laws § 45-65-4. Definitions

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As used in this chapter the following terms shall have the following meanings: (1) “Actuarial experience study” means a report provided by an actuary that includes a recent discussion of plan experience, recommendations for actuarial assumptions and methods, and information about…

R.I. Gen. Laws § 45-65-5. Actuarial valuation methodology

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Actuarial methods used by the actuary in preparing an actuarial experience study or annual actuarial valuation shall be in compliance with accepted actuarial standards and applicable public pension accounting laws, rules and regulations. The actuary shall not, year to year, chang…

R.I. Gen. Laws § 45-65-6. Certification and notice requirements

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(a) Every municipality that maintains a locally administered plan shall submit its initial annual actuarial valuation study to the study commission created herein under § 45-65-8 on or before April 1, 2012, and for each plan year ending on or after December 31, 2012, within six (…

R.I. Gen. Laws § 45-65-7. Failure to comply

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(1) With respect to any municipality that fails to comply with the requirements of this chapter within the prescribed time, the general treasurer is authorized to withhold moneys due to the municipality from the state for any purpose other than education, including, but not limit…

R.I. Gen. Laws § 45-65-8. Study commission

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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 obliga…

R.I. Gen. Laws § 45-65-9. Severability — Indispensable party

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The holding of any section or sections or parts hereof to be void, ineffective, or unconstitutional for any cause shall not be deemed to affect any other section or part hereof. The state shall be an indispensable party in any action contesting the validity of this chapter.