News

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



NHRS Releases 2017 Annual Reports

12/22/2017
  • CAIR
  • Summary CAFR
  • CAFR

Financial report, summary financial report, and investment report available online



NHRS Member Interest Rate for Calendar Year 2018

12/12/2017
  • Members

The New Hampshire Retirement System member interest rate for calendar year 2018 will be 5.25 percent.



NHRS Director of Investments Recognized as a Top Public Pension CIO

11/02/2017
  • Investments

Larry Johansen, NHRS Director of Investments, was recently recognized as one of the top 30 pension chief investment officers in the country by Trusted Insight, an investment trade publication.



My Account Signups Back Online; Security Enhancements Added

10/23/2017
  • Retirees
  • Members
  • Employers

My Account, the secure online portal for New Hampshire Retirement System members and retirees, is now available for new account creation following a security upgrade.



NHRS Realizes 13.5% Investment Return in FY 2017

10/11/2017
  • Investments

NHRS realized a 13.5% return on investments in the fiscal year ended June 30, 2017, outperforming the Total Fund benchmark return of 11.9%. At the close of the fiscal year, the retirement system’s unaudited net position held in trust was $8.29 billion, an increase of approximately $820 million over the prior fiscal year.



Retiree Insurance Authorizations Go Online

10/09/2017
  • Employer Notices

Authorized employers and third party administrators now have the ability to process retiree insurance authorizations and manage insurance benefit changes through the Data Reporting System (DRS). This new insurance feature will save time over the current process, where employers must submit paper forms and rely on NHRS to complete various insurance authorizations.



Decennial Retirement Commission Begins Work

  • Retirees
  • Members
  • Employers

Group is tasked with making recommendations to ensure the long-term viability of NHRS