News

NHRS Realizes 8.9% Investment Return in Fiscal Year 2018

10/11/2018
  • Investments

NHRS realized an 8.9% return on investments in the fiscal year ended June 30, 2018, outperforming the Total Fund benchmark return of 7.8% and the retirement system’s assumed rate of investment return of 7.25%. At the close of the fiscal year, the retirement system’s unaudited net position held in trust was $8.87 billion, an increase of $581 million over the prior fiscal year.



NHRS Employer Notification: HB 561 Implementation

09/19/2018
  • Employers

Legislation taking effect next year will change the laws governing New Hampshire Retirement System retirees who work part-time for retirement system participating employers. These changes also will impact how employers report retiree data to NHRS.



NHRS Releases GASB 75 Reports for Employers

09/14/2018
  • Employers

Information in the reports will help employers comply with new financial reporting standards.



NHRS FY 2020-21 Employer Contribution Rates

09/11/2018
  • Employers

The NHRS Board of Trustees certified employer contribution rates for fiscal years 2020 and 2021 at its meeting on September 11, 2018.



Four New Members Join NHRS Board of Trustees

09/12/2018
  • Board of Trustees

Four new appointees recently joined the Board of Trustees of the New Hampshire Retirement System.



LaPlante appointed to NHRS Independent Investment Committee

09/12/2018
  • Independent Investment Committee

Daniel LaPlante of Hancock was recently appointed to the NHRS Independent Investment Committee (IIC) as a public member.



Member Annual Statements Available on My Account

09/12/2018
  • Members

The Fiscal Year 2018 Member Annual Statements for all NHRS members who are not yet retired have been posted to My Account, the retirement system’s secure online portal.



NHRS Receives Awards for Financial Reporting

07/26/2018
  • Summary CAFR
  • CAFR

NHRS has again been recognized by the Government Finance Officers Association of the United States and Canada (GFOA) for its annual financial reports.



NHRS 2018 Legislative Update

06/29/2018
  • Legislation

Seven bills related to RSA 100-A were enacted by the New Hampshire Legislature during the 2018 session and signed into law by the Governor.



Working After Retirement Laws to Change in 2019

06/27/2018
  • Legislation

Legislation passed in 2018 will change the laws governing NHRS retirees who work part-time for retirement system participating employers. The changes take effect January 1, 2019.



Eligible Retirees to Receive One-time Payment of $500

06/27/2018
  • Legislation
  • Retirees

Legislation enacted in 2018 will provide a one-time $500 payment to eligible NHRS retirees.



NHRS Employer Contribution Rates for FY 2019

06/11/2018
  • Employers

NHRS fiscal 2019 employer contribution rates take effect July 1, 2018. These rates are unchanged from the current fiscal year 2018 rates.



Exceptions Instructions Available to Employers

04/20/2018
  • Employers

NHRS has developed a set of written instructions explaining how to clear some of the most common exceptions found during the monthly reporting process.



NHRS Trustees Adjust Payroll Growth Assumption for Teachers

04/12/2018
  • Employers

The NHRS Board of Trustees voted unanimously to adopt a revised actuarial assumption for payroll growth for Group I teacher members in response to the continued decline in the number of active teachers.



Myers appointed to Board of Trustees

02/07/2018
  • Board of Trustees

Scott Myers, the city manager of Laconia, was recently appointed to the NHRS Board of Trustees as employer member.



Clinton appointed to Independent Investment Committee

02/07/2018
  • Independent Investment Committee

Christine Clinton of Dublin was recently appointed to the NHRS Independent Investment Committee (IIC) as a public member.



Lesko appointed to NHRS Board, Independent Investment Committee

02/07/2018
  • Independent Investment Committee
  • Board of Trustees

Timothy Lesko of Hopkinton was recently appointed to the NHRS Board of Trustees as a public member.



Decennial Retirement Commission Report Available

02/01/2018
  • Decennial Commission

A statutory commission charged with reviewing and making recommendations to ensure the long-term viability of the New Hampshire Retirement System issued its final report in January.



NHRS Releases GASB 68 Reports for Fiscal Year 2017

01/31/2018
  • GASB
  • Employers

Information in the reports will help employers comply with financial reporting requirements



New Financial Accounting Standard Takes Effect for NHRS Employers in 2018

12/29/2017
  • Employer Notices

Employer contribution costs will not be impacted