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  • Home
  • Login to My Account
  • About ERSRI
    • Welcome to ERSRI
    • Retirement Board
    • Chair’s Message
    • Director’s Message
    • Staff Directory
    • Treasurer’s Office
    • Information Security
    • Video Library
    • Glossary of Terms
  • Members
    • Account Login
    • Member Handbook
    • Retirement Eligibility
    • Changes in Your Life or Job
      • Address Change
      • Beneficiary Change
      • Employment Change
      • Divorce and QDRO
    • Purchasing Optional Service Credit
    • Planning for Retirement
      • Calculating Your Benefit
      • Accruals by Schedule
      • Retirement Presentations
      • Retirement Counseling
      • Working After Retirement
    • Disability Retirement
      • Accidental Disability Pensions
      • Ordinary Disability Pensions
      • Disability Retirement Statutes
    • TIAA Defined Contribution Plan
  • Retirees
    • Account Login
    • Changes in Your Life
      • Address Change
      • Beneficiary Change
      • Divorce and QDRO
      • Survivors
    • Benefit Payments
      • Direct Deposit Information
      • Tax Withholding Information
      • COLA Information
      • 1099-R Information
    • Disability Pensions
    • Post Retirement Employment
    • Retiree Healthcare
    • FAQ
  • Employers
    • Account Login
    • Contribution Rates
    • Resources and Training
    • TIAA Defined Contribution Plan
    • FAQ
  • ERSRI Forms
    • Member Forms
    • Retiree Forms
    • Service Purchase Request Forms
    • Disability Pension Forms
  • Publications and Reports
    • Compass Newsletter
    • Annual Report
    • Audit Reports
    • Actuarial Valuations
    • Actuarial Experience Studies
    • Requests for Proposals
    • GASB 68 Fund Information
  • Contact ERSRI
  • Home
  • Employers
    • Account Login
    • Contribution Rates
    • Resources and Training
    • TIAA Defined Contribution Plan
    • FAQ

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Article

Rhode to RetirementThe Rhode Island Retirement Security Act of 2011 (RIRSA) was implemented on July 1, 2012. As part of RIRSA, a Defined Contribution component was added to the plan.

Beginning in 2012, most state employees, teachers, and municipal employees began making mandatory pre-tax contributions to their Defined Contribution Plan, in addition to making a required contribution to the Defined Benefit Plan. For ERSRI, the Defined Contribution Plan is managed by TIAA.

LEARN MORE ABOUT TIAA

Employee and Employer contribution rates are defined in Rhode Island General Laws §36-10.3-4 and §36-10.3-5. These rates will remain in effect until there is an approved legislative change by the General Assembly.

Download the current DC plan contribution rates
Download the current DC plan contribution rates

Current rates for TIAA DC plans.

Download the DC plan rates effective through June 30, 2015
Download the DC plan rates effective through June 30, 2015

Historic rates for TIAA DC plans.
 

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50 Service Ave.
Warwick, RI 02886

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(401) 462-7600
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(401) 462-7691
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