§ 36-10.2-1 Short title
§ 36-10.2-2 Purpose
§ 36-10.2-3 Definitions
§ 36-10.2-4 Actuarial valuation methodology
§ 36-10.2-5 Determination of endangered status
§ 36-10.2-6 Annual certification and notice requirements
§ 36-10.2-7 Funding improvement strategy procedure
§ 36-10.2-8 Funding improvement period
§ 36-10.2-9 Transition period
§ 36-10.2-10 Severability

Terms Used In Rhode Island General Laws > Chapter 36-10.2 - Pension Protection Act

  • Actuary: means the actuary selected from time to time and employed by the board in accordance with chapter 8 of this title. See Rhode Island General Laws 36-10.2-3
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • board: means the retirement board of the Employees' Retirement System of the State of Rhode Island as defined in chapter 8 of this title. See Rhode Island General Laws 36-10.2-3
  • Funded percentage: means the percentage equal to a fraction- the numerator of which is the actuarial value of the plan's assets, as determined by the actuary, and the denominator of which is the accrued liability of the plan, determined by the actuary using actuarial assumptions approved by the board. See Rhode Island General Laws 36-10.2-3
  • plans: means any plan or plans that are part of the following public retirement systems: the Employees' Retirement System of Rhode Island (ERS); the Municipal Employees' Retirement System of Rhode Island (MERS); the Rhode Island State Police Retirement Benefits Trust (SPRBT); and the Rhode Island Judicial Retirement Benefits Trust (JRBT). See Rhode Island General Laws 36-10.2-3