Starting July 1, 2026, Central Falls police officers and firefighters in the closed plan would follow updated bargaining terms and pay 10% of salary.
Members who were active in the Central Falls plan in 2019 would follow the pension terms in their unions’ agreements with the city starting July 1, 2026.
Active Central Falls police officers and firefighters would pay 10% of their salary or compensation into the pension plan instead of the stated 11.7% rate.
Central Falls plan members would follow the pension rules in their July 1, 2026 collective bargaining agreements. This covers members who were actively serving in the Central Falls plan on August 31, 2019. The applicable rules are those in the collective bargaining agreements between Central Falls and the labor organizations representing plan members. The new agreement-based rules would apply on and after July 1, 2026.
Active Central Falls police officers and firefighters would contribute 10% of their salary or compensation to the pension plan. This applies to active police officers and firefighters who are members of the Central Falls plan. The contribution is based on salary or other compensation earned or accruing to the member. The 10% contribution rate would begin July 1, 2026.
No hearings or votes scheduled.