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 nearly $8 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 regarding pension issues.
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.
Planning to Retire Soon?
Are you planning to retire within the next nine months? If so, ERSRI offers group retirement counseling at our Warwick office. A benefit estimate and retirement forms are provided at the group sessions.
Please schedule your appointment six to nine months before retirement by contacting ERSRI at 401-462-7600.
The ERSRI Customer Service Center is open Monday - Friday from 8:30 a.m. until 4:00 p.m.
If you have additional questions, please use the "Contact Us" page.
Thank you for visiting ERSRI.
News and Updates
12-Month Investment Gain Tops $1 Billion as RI Pension Fund Earns $128M in February
March 22, 2017
: Rhode Island’s pension fund earned $128 million in investment gains in February 2017 bringing its 12-month investment earnings over the $1 billion mark, General Treasurer Seth Magaziner announced at today’s meeting of the State Investment Commission.
Returning 1.7% in the month of February, the fund’s market value grew to $7.9 billion. Over the past 12 months, the fund has earned a 14.4% return, outperforming the plan’s own 13.9% benchmark, as well as a traditional 60% stock/40% bond portfolio which would have returned 13.5%.
You can read the press release here
Rhode Island Treasury Releases 2016 Annual Report
March 2017: General Treasurer Seth Magaziner released Rhode Island Treasury's 2016 Annual Report, which contains highlights from the past year, including more than $500 million in investment gains, the Treasurer's new 'Back to Basics' investment strategy, turnaround of the state's CollegeBound program, and a roundup of progress made in programs throughout Treasury.
The report can be downloaded at www.treasury.ri.gov/annualreport.
Winter 2017 Issue of Compass, ERSRI's Member Newsletter, is Available Online
February 8, 2017: You can read the Winter 2017 issue of Compass by clicking here. Articles include:
- Message from Treasurer Seth Magaziner
- 2017 Pension Payroll Calendar
- 2017 Cost of Living Adjustment Details and Eligibility
- Update on Pension Fund Investment Performance
- Understanding your 1099-R tax form for 2016
- Member Profile: Carol Keiser
RI State Pension System Earned More than $500M in 2016
January 25, 2017: The state's pension fund earned more than $530 million in investment gains in 2016, the most in the past three years, General Treasurer Seth Magaziner told members of the State Investment Commission at their monthly meeting this morning. The state's 7.4% net return beat its internal benchmark of 6.3% and a traditional 60% stock, 40% bond portfolio which would have returned 5.9% last year.
You can read the press release here.
You can learn more about where the state’s pension funds are invested, how they are performing, and an overview of the state’s investment strategy and philosophies at the State Investment Information Center.
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. Additionally, ERSRI will be mailing 1099 tax statements during the first quarter of 2017.
To update your contact information, please log into your account
and click on the “Update My Personal Information” icon, which looks like this:
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.