For Immediate Release: June 22, 2021
CONCORD, NH – One bill related to RSA 100-A was enacted by the New Hampshire Legislature during the 2021 session and signed into law by the Governor. RSA 100-A is the statute governing the New Hampshire Retirement System (NHRS, the retirement system).
House Bill 173 (Chapter 005, Laws of 2021; effective June 22, 2021) requires the quarterly report of the retirement system’s Independent Investment Committee (IIC) to include a description of investment fees. The bill also requires IIC reports to be available on the retirement system’s website. The next quarterly IIC report will be released in September.
In 2021, 11 bills related to RSA 100-A were introduced. Additional information on all 2021 NHRS-related legislation is available here.
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 48,500 active members and 39,500 benefit 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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