Funding & Investments
The New Hampshire Retirement System was established in 1967 as a contributory, public employee defined benefit pension plan qualified under section 401(a) of the Internal Revenue Code (Code) and funded through a trust which is exempt from tax under Code section 501(a).
NHRS benefits are funded by member contributions, employer contributions, and net investment returns. Investment returns have historically provided the majority of funding for pension benefits.
The retirement system trust fund stood at $11.57 billion at the close of the fiscal year ending June 30, 2021.