State of Rhode Island: Office of the General Treasurer
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Frequently Asked Questions - Judges
FAQ by Plan
FAQ by Design
- Retirement Age
- Cost of Living Adjustment
- Service Credit Guide
- Hybrid Defined Benefit / Defined Contribution Plan
More FAQs about RI's Pension Crisis
The information outlined below is based on the Rhode Island Retirement Security Act of 2011, a law enacted November 18, 2011.
A Judge’s Guide to RIRSA
- Member contributions to DB: 12 percent effective July 1, 2012 for both contributory and non-contributory judges
- Average Compensation Period: Highest five consecutive years of compensation
- COLA: Same as State Employees and Teachers (See COLA FAQ for details.)
- Additional Provision: Supreme Court Justices will contribute at their current rate in compliance with the Rhode Island Constitution
Contribution Rate to Defined Benefit Plan |
Retirement Eligibility |
Benefit Multiplier |
Average Compensation Period |
Post-Retirement Benefit Adjustments |
Defined Contributions |
12.00 percent |
Age 65 after 20 years of service, or age 70 with 15 years of service |
80 percent of FAC for judges engaged after July 1, 2009 |
Highest consecutive 5 years |
Risk-adjusted COLA targeting two percent. Calculated as five-year smoothed investment return less 5.50 percent, with 0 percent Floor and four percent cap, applied to first $25,000 of benefit, CPI- indexed. COLA delayed until later of SS NRA or three years after retirement. See COLA FAQs for suspension rules. |
None. |