The Internal Revenue Code provides that a member who has not attained normal retirement age may not apply for an early retirement if he or she has a prearrangement, whether in writing or orally, to return to employment with any NHRS participating employer.

Employers considering a prearranged employment agreement with a member taking early retirement should contact Mark Cavanaugh, Associate Counsel and Compliance Officer (603-410-3592, mark.cavanaugh@nhrs.org) for further information.