For Immediate Release: February 7, 2018
CONCORD, NH – Scott Myers was recently appointed to the New Hampshire Retirement System (NHRS, the retirement system) the Board of Trustees as an employer member.
Myers, the city manager of Laconia since 2011, will serve as one of four employer representatives on the Board. Prior to coming to Laconia, Myers served as mayor of Dover for four terms from 2004-11.
In addition to working as a municipal manager, he has experience in private industry as managing partner of several Seacoast-area hospitality businesses from 1995-2011.
Myers has been a member of the New Hampshire Municipal Association (NHMA) Board since 2008 and served as chairman in 2015-2016. He is also a trustee of LRG Healthcare, and served on the HealthTrust Board of Directors from 2009-2013.
NHRS Trustees are nominated by the governor and confirmed by the Executive Council. Per statute, the NHMA submitted Myers’ name to the governor for consideration. He was confirmed by the Executive Council on January 24, 2018.
NHRS is administered by a 13-member Board of Trustees that includes one employee member, one teacher member, one firefighter member, one police officer member, four employer representatives (one each representing the state, counties, schools, and municipalities), four public members, and the State Treasurer. All trustees – with the exception of the State Treasurer, who serves ex officio – are nominated by the governor for two-year terms and must be confirmed by a vote of the Executive Council.
All trustees must have familiarity with or experience in finance or business management. A full list of trustees is available at: https://www.nhrs.org/about-nhrs/board-of-trustees
NHRS provides retirement, disability, and death benefits to its eligible members and their beneficiaries. The State of New Hampshire and nearly 470 local government employers participate in NHRS for their employees, teachers, firefighters, and police officers. NHRS has approximately 48,000 active members and 35,000 pension recipients. NHRS administers a defined benefit plan qualified as a tax-exempt entity under sections 401(a) and 501(a) of the Internal Revenue Code.
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