Clarifies that the three-year final average compensation provision applies to the Rhode Island state police superintendent and all members retiring.

This bill amends the Rhode Island General Laws to clarify that the three-year final average compensation provision for retiring members of the state police applies to the superintendent and all members who retire on or after July 1, 2024. The provision ensures that the final average compensation used in retirement calculations includes the three-year period immediately preceding retirement. This change aims to provide a more accurate reflection of a member's earnings during their final years of service, impacting retirement benefits for those who retire after the specified date.

Clarifies that the three-year final average compensation provision applies to the Rhode Island state police superintendent and all members retiring.

This bill amends the Rhode Island General Laws to clarify that the three-year final average compensation provision for retiring members of the state police applies to the superintendent and all members who retire on or after July 1, 2024. The provision ensures that the final average compensation used in retirement calculations includes the three-year period immediately preceding retirement. This change aims to provide a more accurate reflection of a member's earnings during their final years of service, impacting retirement benefits for those who retire after the specified date.