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.
In an effort to assist employers with the implementation of Governmental Accounting Standards Board (GASB) statement 68, the New Hampshire Retirement System (NHRS, the retirement system) has created a new web page, which includes NHRS employer communications and links to additional resources.
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.
The New Hampshire Retirement System (NHRS, the retirement system) has released the
following statement on the new pension accounting standards approved on June 25, 2012, by the Governmental Accounting Standards Board (GASB).
The Board of Trustees of the New Hampshire Retirement System (NHRS, the retirement
system) has named George P. Lagos to lead the retirement system as Executive Director, effective February 1, 2012.