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HB543: relative to part-time employment by a retiree for a retirement system employer.

Bill details

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

Sponsors

Topics

Executive administration Business and labor Retirement and pensions

Official links

HB 543-FN - AS INTRODUCED

2017 SESSION

17-0745

10/05

HOUSE BILL 543-FN

AN ACT relative to part-time employment by a retiree for a retirement system employer.


ANALYSIS

This bill provides that a retiree in the New Hampshire retirement system shall not hold part-time employment with the same employer for which the retired member was employed at the time of retirement.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

17-0745

10/05

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Seventeen

AN ACT relative to part-time employment by a retiree for a retirement system employer.

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

1 Retirement System; Part-time Employment; Restriction Added. Amend RSA 100-A:1, XXXIV to read as follows:

XXXIV. "Part-time'' for purposes of employment of a retired member of the New Hampshire retirement system but excepting per diem court security officers and court bailiffs, means employment during a calendar year by one or more employers of the retired member which shall not exceed 32 hours in each normal calendar week. Employment in some instances may exceed 32 hours in any normal calendar week provided that in such case, the part-time employment of the retired member shall not exceed 1,300 hours in a calendar year, so long as such part-time employment does not occur outside of a 5-consecutive-month period in any 12-month period. In no case shall employment of a retired member in a part-time position be with the same employer for which the retired member was employed at the time of retirement.

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

LBAO 17-0745

1/12/17

HB 543-FN- FISCAL NOTE

AS INTRODUCED

AN ACT relative to part-time employment by a retiree for a retirement system employer.

FISCAL IMPACT: [ ] State [ ] County [ ] Local [ X ] None

Estimated Increase / (Decrease)

STATE:

FY 2018

FY 2019

FY 2020

FY 2021

Appropriation

$0

$0

$0

$0

Revenue

$0

$0

$0

$0

Expenditures

$0

$0

$0

$0

Funding Source:

[ ] General [ ] Education [ ] Highway [ ] Other

POLITICAL

SUBDIVISIONS*:

Revenue

$0

$0

$0

$0

Expenditures

$0

$0

$0

$0

*The New Hampshire Retirement System states it is not able to separate the fiscal impact of this legislation between county and local government, therefore the fiscal impact is shown together as political subdivisions.

METHODOLOGY:

This bill provides that a retiree in the New Hampshire Retirement System shall not hold part-time employment with the same employer for which the retired member was employed at the time of retirement. The New Hampshire Retirement System states there is no fiscal impact to the system since there is no dollar penalty that the system can levy on employers that fail to comply with the part-time employment restriction policy under RSA 100-A:1, XXXIV.

AGENCIES CONTACTED:

New Hampshire Retirement System