Date: January 1983 (revised)
To establish a procedure at the University of Rhode Island to inform employees
of the two retirement
RETIREMENT PROGRAMS: There are two retirement programs for University employees:
1. As a condition of employment, non-classified employees
must participate, after two years of
employment if over 30 years of age, in the RI Board of Governor for Higher Education Defined
Contribution (403B) Retirement Plan.
2. As a condition of employment, classified employees who work
20 or more hours each week, and
work six (6) months or more, must participate, from the first day of employment, in the state
operated Employees' Retirement System of Rhode Island (ERSRI).
It is most important that employees who plan to
retire contact the Office of Human
Resource Administration, Benefits Section, at least three (3) months in advance, to receive information
concerning necessary procedures to effect benefits payments.
The Retirement plans will be explained at your meeting with the Office of Human
Employee Benefits section.