SB330: relative to creditable service of retirement system members reemployed after qualifying military service.

CHAPTER 51

SB 330-FN – FINAL VERSION

2004 SESSION

04-3027

10/09

SENATE BILL 330-FN

AN ACT relative to creditable service of retirement system members reemployed after qualifying military service.

SPONSORS: Sen. Flanders, Dist 7; Rep. Zolla, Rock 77

COMMITTEE: Insurance

ANALYSIS

This bill provides for the accrual of and payment for creditable service for retirement system members who enter qualifying military service as defined in federal law and become reemployed.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

04-3027

10/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Four

AN ACT relative to creditable service of retirement system members reemployed after qualifying military service.

Be it Enacted by the Senate and House of Representatives in General Court convened:

51:1 Retirement System; Creditable Service; Qualified Military Service. Amend RSA 100-A:4, IV and V to read as follows:

IV. Any employee, teacher, permanent policeman or permanent fireman who after the date of establishment terminated his or her employment in order to enter directly into the armed forces of the United States or other [emergency wartime service of the United States approved by the board of trustees]qualified military service within the meaning of section 414(u)(5) of the United States Internal Revenue Code of 1986, as amended, shall be entitled to service credit for the period of such qualified military [or other wartime] service, provided he or she again becomes employed within a year after the termination of such [military or other wartime] service, unless he or she is prevented from such reemployment by virtue of disability incurred during the period of such qualified military [or other wartime] service, and provided further that he or she elects to make, and makes within a period of time equal to [twice] 3 times the length of time of such service, but not more than 5 years, all payments to the system he or she would have been required to make had he or she been so employed during the period of such qualified military [or other wartime] service.

V. Notwithstanding the provisions of paragraph IV any member who after the date of establishment terminates his or her employment in order to enter directly into the armed forces of the United States or other [emergency wartime] qualified military service of the United States [approved by the board of trustees] and the period of such [military or wartime] service does not exceed 3 years, shall be entitled to service credit for the period of such service, provided he or she again becomes employed within a year after termination of such service, unless he or she is prevented from such reemployment by virtue of disability incurred during the period of such service.

51:2 Effective Date. This act shall take effect 60 days after its passage.

(Approved: May 3, 2004)

(Effective Date: July 2, 2004)