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Bill > H7459

RI H7459

RI H7459
Allows teachers to retire earlier upon what would be referred to as a Rule of 93, rather than the existing Rule of 95 under present state statutes.

summary

Introduced
01/30/2026
In Committee
01/30/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

This act would allow teachers to retire earlier upon what would be referred to as a Rule of 93, rather than the existing Rule of 95 under present state statutes under the following formula: • Upon reaching the age of at least sixty-five (65) and completing at least twenty-eight (28) years of total service; or • Upon reaching the age of at least sixty-four (64) and completing at least twenty-nine (29) years of total service; or • Upon reaching the age of at least sixty-three (63) and completing at least thirty (30) years of total service; or • Upon reaching the age of at least sixty-two (62) and completing at least thirty-one (31) years of total service. This act would take effect upon passage.

AI Summary

This bill proposes to lower the retirement eligibility requirements for teachers by introducing a "Rule of 93" instead of the current "Rule of 95." This means teachers can retire earlier if the sum of their age and years of service equals 93, rather than 95. Specifically, it allows teachers to retire if they are at least 65 with 28 years of service, 64 with 29 years, 63 with 30 years, or 62 with 31 years of service. The bill also states that these changes will take effect immediately upon passage.

Committee Categories

Budget and Finance

Sponsors (10)

Last Action

Introduced, referred to House Finance (on 01/30/2026)

bill text

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bill summary

Document Type Source Location
State Bill Page https://status.rilegislature.gov/
BillText https://webserver.rilegislature.gov/BillText26/HouseText26/H7459.pdf
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