Permits retired state employees to receive mileage and wages, if applicable, equal to that of full-time members of the board or commission; provided, however, in no event shall the amount be greater than ten thousand dollars ($10,000) per year.
Impact
The implications of H6002 are significant for state laws relating to public employment and retirement. By making provisions for retired employees to receive compensation while still benefiting from their pensions, the bill aims to provide organizational flexibility and potentially improve service delivery in municipalities during peak periods of demand. However, it is limited to a defined timeframe, intending to prevent exploitation of the retirement system while still allowing retired employees to contribute to the workforce.
Summary
House Bill H6002 seeks to amend existing laws regarding the retirement system of public officers and employees in Rhode Island. It allows retired state employees to return to work under certain conditions while still receiving their retirement benefits. Specifically, the bill permits these retired individuals to engage in part-time work for municipalities and certain agencies without any forfeiture or reduction of their retirement benefits for a limited duration and under specified compensation limits. The goal is to harness the skills and experience of retired employees to address workforce shortages in critical sectors.
Contention
During discussions, notable points of contention emerged regarding the balance between enabling retired workers to contribute and the integrity of the retirement system. Critics argue that these provisions could lead to unfair competition for employment with current job seekers, while proponents maintain that this could serve critical staffing needs without sacrificing the financial sustainability of the retirement system. These contrasting views highlight the complexity of labor market dynamics and the financial health of the state's pension obligations.
Increases the maximum post retirement employment earnings from eighteen thousand dollars ($18,000) to twenty-five thousand dollars ($25,000) a year for certain retired educators.
Increases the maximum post retirement employment earnings from eighteen thousand dollars ($18,000) to twenty-five thousand dollars ($25,000) a year for certain retired educators.
Allows retired state employees who worked as certified or qualified court interpreter to be employed or re-employed for a limited period of time in a given year to provide court interpretation services within the unified judicial system.
Allows retired state employees who worked as certified or qualified court interpreter to be employed or re-employed for a limited period of time in a given year to provide court interpretation services within the unified judicial system.
Provides all retired teachers and all retired state employees a one-time stipend in the amount of three percent (3%) of the lesser of either the member's retirement allowance or forty thousand dollars ($40,000) of the member's retirement allowance.
Provides all retired teachers and all retired state employees a one-time stipend in the amount of three percent (3%) of the lesser of either the member's retirement allowance or forty thousand dollars ($40,000) of the member's retirement allowance.
Allows retired public safety officers to seek secondary employment with the state or any municipality without any reduction or forfeiture of retirement benefits.
Allows retired public safety officers to seek secondary employment with the state or any municipality without any reduction or forfeiture of retirement benefits.
Requires that present and former employees, active and retired members, and beneficiaries receiving any retirement, disability or death allowance receive a $2,000 increase per year.