Employer News Blog

News and notes for NHRS employers

This page contains items in the current employer newsletter, along with timely items from prior newsletters.(Sometimes, you might even find some items slated for upcoming newsletters that we want to share early.)

The Importance of Termination Forms

Aug 05, 2020
When a member terminates employment to retire and begin collecting a pension benefit, NHRS sends his or her employer a termination form to document recent wage information and payments made after the termination date, if any. The retirement system cannot finalize the benefit payment until this information is received.
Full story

NHRS to Discontinue ‘Lockbox’ Payment Option in 2021

Jun 25, 2020
Following the successful implementation of NHRS QuickPay, the retirement system will discontinue its lockbox service as an option for employers to submit monthly contribution payments.
Click here to learn more

DRS Upgrade Information for Employers

Jun 19, 2020
NHRS is in the early stages of a multi-year upgrade of its pension administration database software, known as PensionGold (PG). The upgrade from Version 2, which has been in operation since 2002, to Version 3 is expected to be completed in 2023. The employer Data Reporting System (DRS) is a component of PensionGold, so this upgrade will have an impact on member, retiree, and insurance reporting by our participating employers.
Learn More About the Upgrade Here

FY 21 employer rates unchanged from FY 20

Jun 08, 2020
NHRS fiscal year 2021 employer contribution rates, which take effect July 1, 2020, are unchanged from the current fiscal year 2020 rates.
Learn More About NHRS Employer Contribution Rates

FY 2021 employer reporting schedule available on DRS

May 14, 2020
NHRS has posted the employer reporting schedules and associated payroll vouchers for fiscal year 2021, which begins July 1, 2020. This information is available through the secure Data Reporting System (DRS) portal.
Read More About the DRS

Retiree employment during state of emergency

Apr 27, 2020
RSA 100-A:7-b states that the annual limitations on part-time employment “excludes any hours worked during an emergency,” which the statute defines, in part, as “any event declared by the governor”. Gov. Sununu declared a state of emergency in New Hampshire effective at 5:15 p.m. on Friday, March 13, 2020. As a result, any hours worked by NHRS retirees for a participating employer for the duration of this state of emergency will not count toward the annual limits on retiree work hours.
Read More About How the State of Emergency Impacts Retiree Hours

NHRS update for employers

Mar 30, 2020
In the face of the changes and uncertainty surrounding the COVID-19 pandemic, we wanted to let you know that NHRS is committed to assisting our participating employers with any questions or problems that may arise.
Read This Employer Update from NHRS

Scam targets governmental employers

Mar 02, 2020
An email scam targeting municipal employers has led to the improper diversion of employer contributions from at least two public pension plans outside New Hampshire.
Find Out More About this New Scam

In case you missed it

Feb 10, 2020
Here are some recent NHRS news releases that we wouldn't want you to miss.
Check Out These Recent News Releases

Get the most up-to-date information

Jan 07, 2020
If you save copies of old NHRS forms, presentations, and employer guidance, please make sure you have the most recent versions.
Learn How to Stay Up to Date

NHRS to upgrade pension database

Oct 17, 2019
NHRS has embarked on a multi-year upgrade of its pension database product, known a Pension Gold (PG). The upgrade from Version 2, which has been in operation since 2002, to Version 3 is expected to be completed in 2022.
Learn More About What this Update Will Mean for Employers

Reporting corrected wages

Jun 25, 2019
The integrity of the data NHRS receives from its employers is crucial to our ability to effectively administer retirement benefits.
Full story

Make are your key contacts are on our email list

Jun 24, 2019
NHRS regularly sends out news, notices, and reminders to our participating employers via email. This information is intended for any/all of these work areas: Finance, Payroll/Accounts Payable, HR/Personnel, and Administration.
Full story

Getting ready for retirement

Jun 24, 2019
NHRS has created a page filled with resources and information for members approaching retirement.
Full story

New email notice added to DRS

Jun 10, 2019
A new email notification through the Data Reporting System (DRS) will be activated on Tuesday, June 11, 2019. This notification will alert employers if a difference exists between the monthly contribution amounts reported on batches, and the monthly contribution amounts actually paid.
Full story

Resources for HR/Personnel staff

Mar 21, 2019
Members sometimes reach out to their human resources or personnel department with questions about NHRS.
Full story

'NHRS 101' online presentation

Mar 21, 2019
NHRS has posted a narrated PowerPoint presentation, “NHRS 101,” which is intended to serve as a broad, factual overview of the retirement system.
Full story

Keep an eye on pending legislation

Mar 21, 2019
NHRS-related legislation is listed on the “Legislative Updates” page of the retirement system website.
Full story

Zix Email Encryption

Sep 25, 2018
NHRS reminds employers of a Zix email encryption portal for sending secure emails.
Full story

Trustees Adjust Teacher Payroll Assumption

Jul 11, 2018
The NHRS Board of Trustees voted unanimously on April 10, 2018, 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.
Full story