Governor Raimondo Announces Retirement Incentive for Eligible State Employees - Details to Follow by November 1st

October 9, 2017: On October 6th, the Raimondo Administration announced an incentive for State employees who are eligible for retirement this year. The incentive consists of a one-time payment equal to twice the value of the eligible employee’s annual longevity bonus dollar amount, with a total cap of $40,000.  This is not an early retirement incentive. The incentive will be available to members with a normal retirement eligibility date occurring before December 31, 2017.
 
The Department of Administration will provide more detailed information about this incentive prior to November 1st.  ERSRI will provides updates, as available, at www.ersri.org.
 
Longevity payment details for State employees are maintained by employers and not by ERSRI. If you believe you may be eligible or have questions about the incentive, we respectfully request that you do not contact ERSRI or your Human Resources representative until the Department of Administration releases additional information.

If you are considering retirement, have not received a retirement packet within the past 12 months, and would like to receive information on your eligibility and estimated pension benefit amount, please complete, sign and return this form to ERSRI.
 
Note: Rhode Island State Police and Department of Corrections officers are not eligible for the incentive due to differing retirement arrangements.