State Codes and Statutes

Statutes > Rhode-island > Title-36 > Chapter-36-10 > 36-10-9-6

SECTION 36-10-9.6

   § 36-10-9.6  Aeronautics inspectors –Retirement. – (a) This section shall only apply to the retirement of members employed asaeronautics inspectors.

   (b) In determining the credible service of any aeronauticsinspector employed by the state of Rhode Island for the purpose of retirementof a service retirement allowance, not including a deferred retirementallowance, there may be added to, and included in, total service as defined inthis chapter, not more than four (4) years of applied work experience, theexperience to be defined as a pilot or aeronautics inspector. The service shallnot be counted as credible service unless the member shall pay into theretirement system the contribution equal to ten percent (10%) of the member'sfirst year earnings as an aeronautics inspector for the first year purchased,ten percent (10%) of the member's second year earnings as an aeronauticsinspector for the second year purchased, ten percent (10%) of the member'sthird year earnings as an aeronautics inspector for the third year purchased,and ten percent (10%) of the member's fourth year earnings as an aeronauticsinspector for the fourth year purchased. Application to purchase credit andpayment for each year of the year for which he or she claims credit shall bemade on or before December 31, 1987. Thereafter, a member applying for creditsshall pay full actuarial costs.

State Codes and Statutes

Statutes > Rhode-island > Title-36 > Chapter-36-10 > 36-10-9-6

SECTION 36-10-9.6

   § 36-10-9.6  Aeronautics inspectors –Retirement. – (a) This section shall only apply to the retirement of members employed asaeronautics inspectors.

   (b) In determining the credible service of any aeronauticsinspector employed by the state of Rhode Island for the purpose of retirementof a service retirement allowance, not including a deferred retirementallowance, there may be added to, and included in, total service as defined inthis chapter, not more than four (4) years of applied work experience, theexperience to be defined as a pilot or aeronautics inspector. The service shallnot be counted as credible service unless the member shall pay into theretirement system the contribution equal to ten percent (10%) of the member'sfirst year earnings as an aeronautics inspector for the first year purchased,ten percent (10%) of the member's second year earnings as an aeronauticsinspector for the second year purchased, ten percent (10%) of the member'sthird year earnings as an aeronautics inspector for the third year purchased,and ten percent (10%) of the member's fourth year earnings as an aeronauticsinspector for the fourth year purchased. Application to purchase credit andpayment for each year of the year for which he or she claims credit shall bemade on or before December 31, 1987. Thereafter, a member applying for creditsshall pay full actuarial costs.


State Codes and Statutes

State Codes and Statutes

Statutes > Rhode-island > Title-36 > Chapter-36-10 > 36-10-9-6

SECTION 36-10-9.6

   § 36-10-9.6  Aeronautics inspectors –Retirement. – (a) This section shall only apply to the retirement of members employed asaeronautics inspectors.

   (b) In determining the credible service of any aeronauticsinspector employed by the state of Rhode Island for the purpose of retirementof a service retirement allowance, not including a deferred retirementallowance, there may be added to, and included in, total service as defined inthis chapter, not more than four (4) years of applied work experience, theexperience to be defined as a pilot or aeronautics inspector. The service shallnot be counted as credible service unless the member shall pay into theretirement system the contribution equal to ten percent (10%) of the member'sfirst year earnings as an aeronautics inspector for the first year purchased,ten percent (10%) of the member's second year earnings as an aeronauticsinspector for the second year purchased, ten percent (10%) of the member'sthird year earnings as an aeronautics inspector for the third year purchased,and ten percent (10%) of the member's fourth year earnings as an aeronauticsinspector for the fourth year purchased. Application to purchase credit andpayment for each year of the year for which he or she claims credit shall bemade on or before December 31, 1987. Thereafter, a member applying for creditsshall pay full actuarial costs.