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.)

DRS Unavailable Until Oct. 9

Sep 21, 2023
In advance of parallel processing, the data in both versions of the NHRS employer Data Reporting System (DRS) must be synced. As a result, the DRS will be unavailable from Wednesday, September 27, until Monday, October 9.
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Parallel processing begins October 9

Sep 10, 2023
NHRS is only a few weeks from the start of our transition to a new pension administration system. Here are some important dates and information participating employers need to know.
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​2023 Legislation with Cost Impact

Jul 05, 2023
Pursuant to RSA 100-A:14, XII, NHRS issues a notice to participating employers at the beginning of the legislative session about legislation that may have a cost impact on political subdivision employers. Under the same statute, NHRS notifies employers if legislation with a cost impact is ultimately adopted. The only legislation with a cost impact on political subdivision employers is the change to the Group I pension recalculation contained in HB 2, which will impact employer contribution rates beginning in Fiscal Year 2026.
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Most Common Employer Audit Findings

Jul 05, 2023
The NHRS employer compliance audit team has compiled a list of the most common issues they find in the course of employer audits. The retirement system's goal is educate employers on the laws and rules governing employer reporting in order to cut down on future issues.
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REMINDER: Request for Test Files

Jun 15, 2023
Reminder: Employers who currently submit monthly wage and contribution data for active employees using an XML file should submit a test file of this information in the new V3 file layout as soon as possible.
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DOE Eliminates Certification for School Business Administrators

Jun 13, 2023
The NH Department of Education (DOE) has eliminated the certification requirement for Business Administrator (BA) positions effective June 30, 2023. It is NHRS’ understanding that BA’s who are currently certified will retain their certification until it lapses. This change will impact which NHRS member category these positions should be enrolled as.
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Employer DRS Training Events Scheduled

Jun 05, 2023
NHRS remains on track to deploy its new employer Data Reporting System (DRS) in the fall of 2023. The retirement system has scheduled multiple employer training events this summer focused on monthly reporting of active members in the new DRS.
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Reminder: NHRS FY 24-25 Employer Contribution Rates Take Effect July 1

May 31, 2023
NHRS employer contribution rates for fiscal year 2024 take effect for all Earnable Compensation paid on or after July 1, 2023.
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DRS Project Entering Home Stretch

May 17, 2023
In 2019, NHRS began the process of upgrading to a newer version of our pension administration software. We expect to begin the transition to the new system this fall. We will be scheduling training sessions for employers on the new system beginning in late June and running through September.
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The Importance of Termination Forms

May 08, 2023
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.
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NHRS Not Accepting New Presentation Requests for the Remainder of 2023

Apr 04, 2023
NHRS is not able to accommodate new presentation requests for the remainder of 2023.
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Legislation with Potential Cost Impact - Updated

Jan 31, 2023
Pursuant to RSA 100-A:14, XII, NHRS is issuing this notice to inform NHRS participating employers about legislation that may have a cost impact on political subdivision employers. The following legislation has been introduced as of January 14, 2023. Note: This notice was updated on January 31, 2023.
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Instructions for Calendar Year 2022 Retiree Reporting

Dec 12, 2022
Reporting of calendar year 2022 data through the DRS can begin on January 2, 2023, and is due no later than February 15, 2023.
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Reminder: Employer Reporting Penalties

Aug 15, 2022
Legislation enacted in 2022 authorizes NHRS to assess a penalty to employers who fail to timely submit other information required for the proper administration of the retirement system, including, but not limited to, termination forms; other information necessary to process a member’s retirement application; information relating to service credit purchases; and information necessary to perform employer audits and process record corrections.
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Introducing Tiers

Jul 21, 2022
Another change employers will see in the new DRS is the way members are identified based on when they joined NHRS and/or became vested for a future pension benefit.
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New Notification Process for Reporting and Payment Penalties

Jul 11, 2022
Employers will begin receiving their reporting and payment penalty notices through employer notifications in the DRS.
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FY 23 Employer Rates Unchanged from FY 22

May 27, 2022
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

Employer Notice: Resources for New Members

May 24, 2022
As a part of its ongoing effort to help educate its members about retirement, the New Hampshire Retirement System has created an online presentation and FAQ for new members called “Learning About Your Retirement Plan.”
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FY 2023 Employer Reporting Schedule Available on DRS

May 24, 2022
NHRS has posted the employer reporting schedules and associated payroll vouchers for fiscal year 2023, which begins July 1, 2022. This information is available through the secure Data Reporting System (DRS) portal.
Read More About the DRS

New Recorded Presentation Looks at NHRS’ Past, Present and Future

Apr 08, 2022
Presentation walks through some significant events in the history of NHRS and explains how many decisions made long ago continue to resonate.
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