As part of the transition to the new employer Data Reporting System (DRS), the automated penalties for late posting of monthly wage and contribution data were turned off in late 2023, and again in late 2024 to allow employers an opportunity to get current with their reporting and payments. At this time, NHRS plans to re-institute late reporting and payment penalties beginning with the reporting of March member data due April 15.
The integrity of the data that NHRS receives from employers is crucial to its ability to effectively administer retirement benefits. Without timely and accurate payroll information and payment of contributions, the retirement system cannot post member interest, issue refunds to terminated members, or correctly calculate or finalize pensions for recent retirees.
For those employers that are up to date with their reporting, we thank you and appreciate your diligence in ensuring you are reporting and submitting payments on time.
For those employers that are behind, this advance notice is an opportunity to get your reporting and payments current to avoid these penalties. Any reports or payments for any prior periods that are made after April 15th will have penalties assessed.
As always, we are here to assist you and encourage you to contact us with any questions or support that you may need at (603) 410-3500 (Option 5) or contact your Employer Reporting Relationship Manager.
For more information on employer reporting and payment penalties, see: https://www.nhrs.org/employers/employer-resources/reporting-and-payment-penalties