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 $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.
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 nine months? If so, ERSRI offers group retirement counseling sessions at our Warwick office. 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 have additional questions, please contact ERSRI using our "Contact Us" page or by phone at 401-462-7600.
The ERSRI Member Service Center is open Monday - Friday from 8:30 a.m. until 4:00 p.m.
News and Updates
ERSRI Member Survey - How Are We Doing?
In early August, the Retirement System will be distributing a survey to many of our members. We'd like you to tell us how we can:
- help you be better prepared for a more financially secure retirement
- provide improved communication to you about your retirement benefits
- better answer your questions about your retirement benefits and how your plan works.
The survey should only take about 10-12 minutes to complete. If, after receiving the survey, you have questions, please call ERSRI at (401) 462-7600, Monday - Friday from 8:30 a.m. - 4:00 p.m.
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Retirement Board Welcomes Two New Members
June 2019: Following a special election which began on April 30, 2019, Rhode Island’s Retirement Board recently added two new members.
Raymond J. Pouliot will complete the remaining six months of Retiree Representative Marcia B. Reback’s four-year term, as he was the only candidate for the board seat who collected and returned 100 valid signatures on his nomination papers.
Michael J. Twohey will complete the remaining six months of Active Teacher Representative William B. Finelli’s four-year term, as he was the only candidate for the board seat who collected and returned 100 valid signatures on his nomination papers.
“I am pleased to have the opportunity to work with Raymond and Michael, who have shown their initiative and enthusiasm to represent their colleagues on the Retirement Board,” said Treasurer Magaziner.
Consistent with ERSRI Regulations, as only one candidate for each position returned 100 valid signatures, those candidates are elected to their respective board seats.
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Spring 2019 Issue of Compass is Available
The Spring 2019 issue of Compass is now available for download.
Articles include: a pension system update, information on how to guard against identity theft, a profile of Bill Patenaude, who has worked with the Department of Environmental Management, as well as how to meet with a financial consultant at no cost.
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Treasurer Magaziner, Mastercard Reach Agreement on Increased Transparency of Corporate Lobbying Expenses
April 4, 2019: Treasurer Magaziner has successfully resolved a shareholder engagement with Mastercard, following an agreement by the company to significantly increase its public disclosure of lobbying expenses
"As long-term investors in Mastercard we believe that full disclosure of the company's direct and indirect lobbying activities and expenditures will help investors assess whether the Company's lobbying is consistent with its expressed goals and in the best interests of shareholders," said Magaziner.
Last fall, Treasurer Magaziner filed a shareholder proposal with Mastercard requesting that the board of directors annually disclose information regarding payments used for direct or indirect lobbying, including payments to trade associations, as well as disclosing any grassroots lobbying activity.
Investors are increasingly concerned that inadequate lobbying disclosure by publicly-traded companies presents reputational risks. Numerous large companies have angered customers, investors and other stakeholders in recent years when they were revealed to be supporting controversial causes including climate denial and the erosion of consumer protections...
You can read the entire press release here.
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Treasurer Magaziner Releases Annual Report Highlighting Recent Accomplishments
March 25, 2019: General Treasurer Seth Magaziner today released his Office's 2018 Annual Report, which highlights work to support small businesses, make a once-in-a-generation investment in schools across Rhode Island, and how his office is returning millions of dollars in unclaimed property back to its rightful owners.
"Over the past four years, we have found new and innovative ways to use the Treasurer's office to strengthen our economy," said Treasurer Magaziner. "I hope this report will give Rhode Islanders a glimpse into the work our team does every day to strengthen the finances of our state and make a real, tangible difference in peoples' lives."
The report can be downloaded at www.treasury.ri.gov/annualreport
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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.