08/21/2024 | Press release | Distributed by Public on 08/21/2024 09:46
Published on Wednesday, August 21, 2024
Providence, RI-Rhode Island General Treasurer James A. Diossa announced five public town halls aimed at providing retired RI state employees with information regarding recent changes to the Employees' Retirement System of Rhode Island (ERSRI) pension system. ERSRI Executive Director Frank Karpinski and staff will be on hand to provide information and answer questions.
"We want to ensure that ERSRI members have all the information they need to understand the pension changes now in effect," said Treasurer Diossa.
Most notable among these changes, an increase in Cost-of-Living Adjustments for certain teachers, state employees, and municipal employees who retired on or before June 30, 2012.
"We understand there is a lot of information out there, and we want our members to know exactly what these changes mean for them," Diossa added.
Meeting Calendar:
Monday, August 26th @ 1:30 p.m.
Community College of Rhode Island, Newport County Campus
1 John H. Chafee Blvd, Newport
Monday, August 26th @ 4:30 p.m.
Quinta Gamelin Community Center
101 Asylum Rd, Bristol
Thursday, August 29th @ 1:30 p.m.
Community College of Rhode Island, Flanagan Campus
1762 Old Louisquisset Pike, Lincoln
Thursday, August 29th @ 4:30 p.m.
Cranston Senior Center
1070 Cranston Street, Cranston
Friday, August 30th @ 2:00 p.m.
Mount Pleasant Library
315 Academy Ave, Providence
The legislative changes follow the enactment of Article 12 of the state's FY25 budget:
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