§5-10-32. Appropriations for state contributions to retirement
system; contributions for members paid from special
funds or by other employers.
(a) At least thirty days prior to each regular session of the
Legislature, the board of trustees shall certify to the governor
the contributions, determined according to section thirty-one
hereof, to be made by the state to the retirement system for the
next following fiscal year; the said contributions to be based upon
the state's total payroll for the preceding twelve calendar months.
The amounts so ascertained shall be included in the appropriation
bill to be submitted to the Legislature. In the event the state's
contributions for the fiscal year are less than they would have
been based upon the state's actual payroll for the fiscal year, the
amount of the insufficiency shall be included in the appropriation
bill for the next following fiscal year. The said contributions
shall be paid to the retirement system quarterly and when paid
shall be credited to the employers accumulation fund.
(b) In the case of any member whose compensation is paid out
of moneys derived in whole or in part out of any special fund, or
from any source other than the state, then contributions on behalf
of such member in any year shall be paid out of such special fund
or by such other source in proportion to that part of the member's
compensation derived therefrom for that year. The governing body of
each participating public employer is hereby authorized to make
such contributions from funds of the participating public employer as shall be necessary to pay its proportionate share of
contributions on account of each state employee whose compensation
is paid by such participating public employer.