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HB464: requiring the transfer of certain retirement system group II special account funds to the state annuity accumulation fund.

Bill status: Signed by Governor

Citation
2011 HB464
Official source

Bill details

Version history, amendments, and roll-call votes were not present in the imported local bill data.

House status
Concurred
Senate status
Passed/Adopted with Amendment
Committee
SENATE Executive Departments and Administration
Hearing
03/31/2011 at 10:00 AM
Selected version
Current official bill text

Sponsors

Topics

Executive administration Public finance Retirement and pensions

Official links

CHAPTER 60

HB 464-FN – FINAL VERSION

04/13/11 1370s

2011 SESSION

11-0368

10/09

HOUSE BILL 464-FN

AN ACT requiring the transfer of certain retirement system group II special account funds to the state annuity accumulation fund.

SPONSORS: Rep. Hawkins, Hills 18; Rep. Reagan, Rock 1; Rep. Kurk, Hills 7; Sen. Bradley, Dist 3; Sen. White, Dist 9

COMMITTEE: Special Committee on Public Employee Pensions Reform

ANALYSIS

This bill requires the state retirement system to transfer $89,000,000 from the group II special account to the state annuity accumulation fund.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

04/13/11 1370s

11-0368

10/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eleven

AN ACT requiring the transfer of certain retirement system group II special account funds to the state annuity accumulation fund.

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

60:1 Transfer Required; Retirement System. The board of trustees of the retirement system shall forthwith transfer the sum of $89,000,000 from the group II components of the special account established under RSA 100-A:16, II(h) to the state annuity accumulation fund.

60:2 Effective Date. This act shall take effect upon its passage.

Approved: May 11, 2011

Effective Date: May 11, 2011