Get to know ERSRI
Most members of the Employees’ Retirement System have a hybrid benefit plan made up of a Defined Benefit plan and a Defined Contribution plan.
Note: Correctional Officers, State Police and certain public safety employers only provide the Defined Benefit plan and do not participate in the Defined Contribution Plan pursuant to Rhode Island General Law.
What is a Defined Benefit Plan?
A Defined Benefit Plan pays you a specific amount of money per month for your lifetime when you are eligible to retire. The amount of your monthly pension benefit is based on several criteria including when you were hired, how long you have worked, and your salary.