Germano Martins was recently appointed to the New Hampshire Retirement System Board of Trustees as a public employee member.
NHRS has again been recognized by the Government Finance Officers Association of the United States and Canada (GFOA) for its annual financial report.
NHRS has added a secure document upload feature to 'My Account,' our online portal for members and benefit recipients.
The NHRS office in Concord reopened for abbreviated walk-in services effective July 1, 2021. Walk-in services are currently limited to paperwork drop-off/review, notarizations and general questions, and subject to a 15-minute maximum. Walk-in services are available Monday through Friday from 9 a.m.-1 p.m. Our foyer remains open 8 a.m.-4 p.m. for limited-contact drop-off of materials using our secure drop-box.
One bill related to NHRS was enacted by the New Hampshire Legislature during the 2021 session and signed into law by the Governor. The bill has no impact on members or retirees.
With the expiration of Gov. Sununu’s COVID-19 state of emergency order (Executive Order 2021-10) on June 11, all hours worked by New Hampshire Retirement System (NHRS) retirees for participating employers on or after June 12, 2021, will count toward the annual statutory limits on retiree work hours.
In an effort to inform stakeholders and other interested parties, the NHRS has developed “NHRS … Now You Know,” a series of issue briefs designed to provide plain talk about some of the topics concerning the retirement system.
Ken Merrifield was recently appointed to the NHRS Board of Trustees as an employer member representing the state.
The NHRS Board of Trustees has named Jan Goodwin to lead the retirement system as Executive Director, effective April 1, 2021. Goodwin is joining NHRS after leading the New Mexico Educational Retirement Board (NMERB) since 2008. She replaces George Lagos, who is retiring March 1.
NHRS has become aware of an email from a third-party encouraging members to sign up for a free “retirement planning review with a Public Employee Retirement Adviser.” THIS EMAIL IS NOT FROM NHRS.
As part of its ongoing commitment to provide superior customer service, NHRS has created a contact center to more efficiently address inquiries from members and benefit recipients.
Andrew Martineau was recently appointed to the New Hampshire Retirement System Board of Trustees as the firefighter member.
The retirement system has released its Comprehensive Annual Financial Report, Summary Annual Financial Report, and Comprehensive Annual Investment Report for the fiscal year ended June 30, 2020.
The New Hampshire Retirement System member interest rate for calendar year 2021 will be zero percent.
NHRS has again been recognized by the Government Finance Officers Association of the United States and Canada for its annual financial reports.
NHRS realized a 1.1% return on investments in the fiscal year ended June 30, 2020. The three-year, five-year, 10-year, 20-year, and 25-year returns for the periods ended June 30, 2020, were 5.2%, 5.9%, 8.7%, 5.4%, and 7.5%, respectively. All returns are net of fees. The retirement system’s assumed rate of investment return is 6.75%.
Executive Director George P. Lagos will retire from NHRS effective March 1, 2021, after leading the retirement system for nine years.
The NHRS Board of Trustees certified employer contribution rates for fiscal years 2022 and 2023 at its regular meeting on September 8, 2020.
NHRS responds to a recently received inquiry regarding the membership eligibility of retired teachers who are willing to sign contracts to teach as long-term, full-time substitutes for the 2020-21 school year.
The NHRS Board of Trustees voted to adopt revised actuarial assumptions based on the results of a four-year experience study conducted by its consulting actuary. In an accompanying vote, the Board voted to reduce the retirement system’s investment assumption, lowering the assumed rate of return from 7.25 percent to 6.75 percent.