Employees' Retirement System of Rhode Island and Municipal Employees' Retirement System Regulations


120-RICR-00-00-1 INACTIVE RULE

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Title 120 Treasury Department
Chapter 00 N/A
Subchapter 00 N/A
Part 1 Employees' Retirement System of Rhode Island and Municipal Employees' Retirement System Regulations
Type of Filing Amendment
Regulation Status Inactive
Effective 11/25/2013 to 03/09/2017

Regulation Authority:

Rhode Island General Laws 36-8-3

Purpose and Reason:

The Purpose of this amendment is to add Regulation 16 to the Employees’ Retirement System of Rhode Island and Municipal Employees’ Retirement System Regulations. Rhode Island General Laws §36-10-10.3 and §45-21-17.2, which pertain to Social Security Supplemental Option, permit a vested member to elect an option which provides for payment of a larger benefit before the attainment of age 62 and a reduced amount thereafter. This regulation sets forth rules and regulations regarding eligibility and procedures for modification. There are no substantive differences.