Employers > Employer Contribution Rates

Employer Contribution Rates

Employer contribution rates are set every two years. The rates are based on a biennial actuarial valuation, which is a model of expected liabilities based on reasonable actuarial assumptions, including the rates of investment return and payroll growth, eligibility for the various classes of benefits, and the projected life expectancies of members and retirees. State law (RSA 100-A:16, III) requires that NHRS Trustees use this valuation to set employer contribution rates at a level necessary to keep the retirement system on track to meet its long-term obligations; the New Hampshire Constitution (Part I, Article 36-a) requires employers to pay those rates in full.

For more information on how rates are determined, see FAQ: Employer Contribution Rates.

Employer Rates for Fiscal Years 2028 and 2029

Political Subdivision Employer Contribution Rates for July 1, 2027 - June 30, 2029

The rates below apply to counties, cities and towns, school districts and all other participating political subdivisions except the State of New Hampshire.

	Pension Percentage	Medical Subsidy Percentage	Total Employer Percentage
GROUP I
Employees	11.36%	0.15%	11.51%
Teachers	17.49%	0.77%	18.26%
GROUP II
Police	25.21%	1.50%	26.71%
Fire	23.13%	1.50%	24.63%

State of NH Employer Contribution Rates for July 1, 2027 - June 30, 2029

The rates below apply to state agencies and other component units of state government.

	Pension Percentage	Medical Subsidy Percentage	Total Employer Percentage
GROUP I
Employees	11.36%	0.12%	11.48%
GROUP II
Police	25.21%	1.50%	26.71%
Fire	23.13%	1.50%	24.63%

These Group II (Police and Fire) employer contribution rates are dependent upon the State continuing to make the $27.5 million annual contribution as included in House Bill 282.

Employer Rates for Fiscal Years 2026 and 2027

Political Subdivision Employer Contribution Rates for July 1, 2025 - June 30, 2027