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Welcome!

The ERSRI Member Service Center is here to help with all your retirement-related needs.
We encourage Members to call or email the Member Service Center for assistance or to schedule an appointment.

Please contact ERSRI by using our "Contact Us" page, or by phone at 401-462-7600 Monday - Friday 8:30 a.m. - 4:00 p.m.

ERSRI.org  is your source for the latest information from Employees’ Retirement System of Rhode Island, the state’s largest public employee retirement system. 

The $9 billion retirement system works with state employees, teachers, the Municipal Employees’ Retirement System (MERS), MERS police and fire, correctional officers, BHDDH nurses, state police, and judges.

Here, you'll find the latest tools to help you plan for your retirement, calculate your benefits and eligibility, and understand how laws and regulations may affect you.

Are You Planning to Retire Soon?

Are you planning to retire within the next year? If so, ERSRI offers individual retirement counseling sessions. During your counseling session, ERSRI will provide you with a benefit estimate and the required retirement forms. You may also want to review ERSRI's Retirement Planning Checklist.

Please schedule your counseling session six to nine months before retirement by calling ERSRI at 401-462-7600.

If you are planning to retire within 3 years, click here for more information and to submit your retirement counseling request. 

News and Updates

Notice of Proposed Rule Making  (April 5, 2021)

Treasurer Magaziner Releases 2020 Office of the General Treasurer Annual Report

Treasurer Magaziner has released an annual report, which provides an overview of the performance of the programs and initiatives of the office over the past year, as he and his team have worked to increase economic opportunity and financial stability for Rhode Islanders.

In the early days of the COVID-19 crisis Treasurer Magaziner took decisive action to keep the state's finances stable, deliver relief to small businesses and manage the state pension fund to an all-time high. Through it all the office continues to return unclaimed property to its rightful owners, assist victims of violent crime, and support job-creating infrastructure projects. 

The report can be viewed here.

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Rhode Island Pension Fund Earns $146 Million in February 2021

The Rhode Island pension fund continued its strong performance in the month of February, earning $146,359,751 and closing the month at an all-time high of nearly $9.6 billion.

"Our Back to Basics investment strategy continues to deliver strong results for the state pension system as we reach another all-time high," said Rhode Island General Treasurer Seth Magaziner. "I remain committed to promoting economic growth and financial stability for all Rhode Islanders."

In February, the pension system returned 1.54%, outperforming a standard 60% stock / 40% bond portfolio, which would have returned 0.81%. Fiscal Year to Date, the pension fund has earned 15.79%, outperforming a benchmark of 60% stocks and 40% bonds, which would have returned 14.93%.
 
The Rhode Island pension fund has consistently outperformed its peers in recent years under Treasurer Magaziner's Back to Basics strategy; it outperformed 87% of similar public pension funds in the 2020 fiscal year.
 
Additional information about the fund, including the 'Back to Basics' investment strategy, performance, and detailed information about its managers are published online as part of Treasurer Magaziner's "Transparent Treasury" initiative at investments.treasury.ri.gov.

Note: All performance is reported on a "net of fees" basis.

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Rhode Island's Pension System Receives 3rd National Award for Transparency in Financial Reporting

December 4, 2020: Rhode Island's Pension System has been recognized for its commitment to transparency by the Government Finance Officers Association of the United States and Canada (GFOA). This is the third year in a row that the Pension System has won the GFOA Certificate of Achievement.

Treasurer Magaziner has prioritized transparency of the Pension System since day one. He implemented a "Transparent Treasury" policy - which requires pension investment managers to publicly report fees and performance - just months after he took office in 2015, and the policy was later passed into law by the RI General Assembly as a requirement for all future Treasurers.

The GFOA Certificate of Achievement recognizes the Pension Fund's commitment to a "spirit of full disclosure," for all Rhode Islanders.

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Winter / Spring Issue of Compass Available for Download

The Winter / Spring 2021 issue of Compass, ERSRI's member newsletter, is available for download.

The issue includes an investment update, a retiree COLA update, information on how to read your 1099-R, as well as information on how to update the beneficiary on your retirement account.

The issue can be read here

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Retirees - Does ERSRI Have Your Current Mailing and E-mail Address?

Each month, ERSRI sends an e-mail to retirees letting you know that your Pay Statement is available to view, as well as quarterly e-mails letting you know when Compass, ERSRI’s newsletter, is available.

To update your contact information, please log into your account and click on the “Update My Personal Information” icon, which looks like this:
If you have have changed your address, phone number or e-mail, please make sure that you have informed the Retirement System.  You can log onto your account and then click:

There, you will see a “Changing Your Personal Information” box, which looks like this:



Simply update any outdated information and click the green “Update” button and you’re done.
 

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