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2014 Rhode Island General Laws
Title 36 - Public Officers and Employees
Chapter 36-10.2 - Pension Protection Act
Section 36-10.2-5 - Determination of endangered status.

RI Gen L § 36-10.2-5 (2014) What's This?

§ 36-10.2-5 Determination of endangered status. – A plan is in endangered status for a plan year if the retirement board determines, in consultation with the plan actuary, that the plan:

(i) Has a funded percentage of fifty percent (50%) or less;

(ii) The plan's funded percentage has decreased for five (5) consecutive plan years.

History of Section.
(P.L. 2011, ch. 408, § 8; P.L. 2011, ch. 409, § 8.)

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