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Yes, but post-retirement employment with the state of Rhode Island, Rhode Island public schools or any Rhode Island municipality participating in…
The Rhode Island Retirement Security Act of 2011 (RIRSA) and 2015 Settlement Agreement
The Rhode Island Retirement Security Act of 2011 (RIRSA) was…
There are many things to consider when you are thinking about retiring. Our Retirement Planning Checklist below provides step-by-step instructions on…
A Defined Benefit Plan pays you a specific dollar amount per month for the rest of your life when you are eligible to retire. The amount of your…
Most members of the Employees’ Retirement System have a hybrid benefit plan made up of a Defined Benefit plan and a Defined Contribution* plan.
*…
Your designated beneficiary is eligible to receive a one-time death benefit payment regardless of pension payment option selected. The Benefit is $…
When you are “vested,” you have accrued at least the minimum amount of service needed to collect a future pension benefit. You may apply to collect…
The Rule of 95 is an alternative full benefit retirement eligibility date to allow members to retire earlier than their schedule-based eligibility…
You will receive your first pension payment, which will be retroactive to the date of your retirement, within two to three months. Your first payment…
At time of retirement, you have several payment options to choose from. Use the table below to see the available options.
Your pension is calculated based on several criteria including your years of earned service credit and your final average salary.
Service Credit…
You are not required to see a doctor. However, ERSRI has the legal authority to send you for an independent medical examination (IME), at ERSRI’s…
Yes, you will be mailed written notice at least thirty (30) days before your disability retirement allowance is adjusted. The notice will contain the…
If you filed a joint tax return, ERSRI will not be able to differentiate whether the earnings are attributable to you or your spouse without…
You are permitted to make the difference between the amount you would have earned had you still been employed in the same position from which you…
The death benefit is a one-time payment of $800 per year of completed service, up to a maximum of $16,000. This benefit is reduced by 25% every year…
Employers are required to report dollars earned or days worked (depending on the employer type) to ERSRI on a monthly basis via the employer feed.…
No. You will not earn additional service credit or make additional contributions into the pension once you retire and begin collecting a pension.
Retired nurses can provide per-diem nursing care and/or services at a state facility, or be employed as a faculty member teaching in a nursing…
For teachers a half day is up to 3 hours of work. Anything over 3 hours is considered a full day.
For non-teachers a half day is up to 4 hours of…