Rhode Island Makes Pensions Portable

Article Tools
  • PrintPrinter-Friendly
  • EmailEmail Article
  • ReprintReprints
  • CommentsComments

A new law in Rhode Island makes the state the first in the nation to allow teachers who leave the state to retain their retirement benefits.

The pension-portability measure signed into law last month by Gov. Edward D. DiPrete hinges on Rhode Island's ability to forge reciprocal arrangements with other states.

The plan was praised by educators as the first step toward creation of a national system allowing transfers of pension benefits.

Teachers typically lose all or a portion of their retirement benefits when they move to another state. The National Governors' Association and other groups have argued that the adoption of a national pension-portability system would enhance teacher mobility and thus stem shortages.

At a press conference, Governor DiPrete urged other states to adopt similar laws. Such plans are under consideration in Florida and Massachusetts.

The Rhode Island plan is based on a Canadian system that permits teachers to keep accrued benefits when they move from one province to another.--nm

Vol. 08, Issue 40

Notice: We recently upgraded our comments. (Learn more here.) If you are logged in as a subscriber or registered user and already have a Display Name on edweek.org, you can post comments. If you do not already have a Display Name, please create one here.
Ground Rules for Posting
We encourage lively debate, but please be respectful of others. Profanity and personal attacks are prohibited. By commenting, you are agreeing to abide by our user agreement.
All comments are public.

Back to Top Back to Top

Most Popular Stories