The New Hampshire Supreme Court recently ruled that legally separated partners are still considered spouses with regard to eligibility for New Hampshire Retirement System spousal benefits including the Medical Subsidy and the Group II (Police and Fire) Automatic Spousal Allowance.
A decision issued today (September 30, 2014) by the New Hampshire Supreme Court does not change the statutory definition of part-time employment for New Hampshire Retirement System retirees working for NHRS participating employers.
The New Hampshire Retirement System realized a 17.6% return on investments in the fiscal year ended June 30, 2014.
The New Hampshire Retirement System will discontinue mailing paper ACH advices to benefit recipients who utilize Electronic Direct Deposit (EDD).
Five bills related to RSA 100-A were enacted by the New Hampshire Legislature during the 2014 session and signed into law by the Governor. RSA 100-A is the statute governing the New Hampshire Retirement System.
House Bill 1152, Chapter 0048, Laws of 2014, repealed RSA 100-A:19, which provided a supplemental benefit of $1,250 per year to a participating call, substitute, or volunteer firefighter (“call firefighter”) who was disabled in the performance of his or her duties, or the same nominal amount to the surviving spouse of a call firefighter killed in the performance of his or her duties. The repeal is effective July 1, 2014.
The New Hampshire Retirement System now offers Group I (Employee and Teacher) and Group II (Police and Fire) online retirement application packets. These online packets include the information and forms necessary to apply for and begin receiving Service, Early, and Vested Deferred retirement benefits from NHRS.
The New Hampshire Retirement System realized a 14.5% return on investments in the fiscal year ended June 30, 2013.
Three bills related to RSA 100-A were enacted in 2013 legislative session.
Individuals who believe they may be impacted by recent US Supreme Court ruling are asked to notify NHRS.
Two bills signed into law in 2013 contain language pertaining to New Hampshire Retirement System membership eligibility for individuals elected or appointed for a fixed term to the combined positions of town clerk and tax collector.
House Bill 124, which was signed into law on July 9, 2013, affects New Hampshire Retirement System gainful occupation earnings limits for some Group II (Police and Fire) accidental disability annuitants.
The New Hampshire Retirement System recently received a question from a participating employer regarding whether members can pay both the member contributions due under RSA 100-A:16, I, and the employer contributions due under RSA 100-A:16, II and III. The retirement system is issuing this notice to participating employers to reiterate that members are not permitted to make employer contributions under RSA 100-A:16.
The impetus behind "NHRS ... Now You Know" is the recognition that there are a lot of opinions and perspectives out there surrounding public employee pensions. It’s not NHRS’ role to take sides in pension policy debates, but it would be a disservice to the public to ignore them and let the retirement system be defined by those with a particular point of view. Our goal is to improve the dialogue by laying out some key concepts and facts about NHRS in an easy-to-read format that’s accessible to a wide audience.
In an effort to inform stakeholders and other interested parties, the New Hampshire Retirement System (NHRS, the retirement system) is launching “NHRS … Now You Know,” a series of issue briefs designed to provide straight talk about some of the major topics concerning the retirement system.
The Pension Funding Task Force, an umbrella group made up of 11 well-known governmental and pension organizations, recently issued report captioned: “Pension Funding: A Guide for Elected Officials,” which offers guidance for policy makers to use when developing their pension plan’s funding policy. The New Hampshire Retirement System (NHRS) is pleased to advise that it already operates in accordance with the Task Force guidelines and recommendations.
The New Hampshire Retirement System realized a 0.9% return on investments in the fiscal year ended June 30, 2012.
The Board of Trustees of the New Hampshire Retirement System (NHRS, the retirement system) unanimously voted on September 11, 2012, to adopt a revised asset allocation for the retirement system trust fund.
The New Hampshire Retirement System (NHRS, the retirement system) has released a statement concerning the New Hampshire Supreme Court decision in City of Concord & a . v. State of New Hampshire & a.
Three bills related to RSA 100-A were enacted by the Legislature during the 2012 session and signed into law by the Governor.