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Welcome!

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

NOTICE OF PROPOSED RULEMAKING

 

Rhode Island Named Lead Plaintiff in Investor Class Action Suit Against Google

January 29, 2019: The U.S. District Court, Northern District of California has approved Rhode Island Treasurer Seth Magaziner’s motion that Employees' Retirement System of Rhode Island be named lead plaintiff in a shareholder class action lawsuit against Alphabet Inc., the parent company of Google.

Investors in Alphabet, including the members of Employees' Retirement System of Rhode Island, are seeking to recover for harm they suffered when Alphabet misled regulators, users and the public regarding its failure to secure users’ information,” said Rhode Island General Treasurer Seth Magaziner.

On January 25, 2019, Judge Jeffrey White approved a motion to name Rhode Island as lead plaintiff, and to consolidate all similar class actions suits against Alphabet into a single class action. Multiple lawsuits were filed against Alphabet in response to an October 2018 revelation that Google executives knew about, but did not disclose, a breach in its Google+ platform which compromised the personal information of 500,000 users.

Months later, Google announced that the number of its users whose private information was compromised was one hundred times greater than originally announced. Without their permission or knowledge, Google+ allowed the private information of approximately 52.5 million users to be compromised.

"Google knew that there had been a security breach and that users' private information had been compromised, and instead of disclosing the information, they chose to hide it," added Magaziner.

You can view the motion here.

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Members of 50 MERS Plans Will Receive a COLA in 2019

January 16, 2019: Members of fifty municipal (MERS) pension plans will receive a cost-of-living adjustments (COLA) in 2019.

All members of these 50 plans who retired before June 30, 2012, and were previously receiving or eligible for a COLA, will receive a COLA beginning the month following their retirement date in 2019.

More information on which MERS plans are offering a COLA in 2019, along with information on how COLAs are calculated, can be found here.

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ERSRI Begins Mailing 2018 1099-R Forms to Retirees

January 11, 2019: ERSRI has begun mailing 1099-R forms to retirees, with all 1099s expected to be mailed by January 31st. Retirees should receive their 1099-R forms by mid-February, at the latest.

Retirees can view and download their 1099-R by logging into their account. Information on how to access your 1099-R online can be found here.

For information about how to read your 1099-R please click here.  If you turned 59 ½ in 2018, you may receive two separate 1099-R forms. You can read more information by clicking here.

If you do not receive your 1099-R form by mid-February, please call (401) 462-7600 and we will issue a replacement. The ERSRI Member Service Center is open Monday - Friday from 8:30 a.m. until 4:00 p.m. 

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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:


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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