Live Free or Die Legal
This website is not an official source of law. This website does not provide legal advice. For official legal materials, verify against the relevant court, legislature, agency, or other official source. Legal information may be incomplete, outdated, or incorrectly processed. Consult a qualified attorney for advice about a specific legal matter.

This RSA section is an unofficial mirror, is not legal advice, and may be incomplete, outdated, or incorrectly processed.

RSA 100-A:21 · Participation of Members of Local Retirement Systems

Title
VI: PUBLIC OFFICERS AND EMPLOYEES
Chapter
100-A · NEW HAMPSHIRE RETIREMENT SYSTEM
Status
current
Official source linked
Yes
Official source Copy section link

100-A:21 Participation of Members of Local Retirement Systems. –

Copy link
I.

Should a majority of the members of any local retirement system elect to become members of the retirement system, by a petition duly signed by such members, and should their employer elect to have them participate by resolution legally adopted in form approved by the board of trustees of the retirement system, such employees shall participate in the retirement system as though such local retirement system were not in operation. The retirement allowances being paid by the local retirement system on the date such participation in the retirement system becomes effective shall be continued and paid at their existing rates by the retirement system and the liability on this account shall be included in the computation of the accrued liability contribution payable by the employer as provided by RSA 100-A:24. Any cash and securities to the credit of the local retirement system shall be transferred to the retirement system as of the date participation begins. The trustees or other administrative head of the local retirement system as of the date of participation shall certify the proportion of any of the funds of the local retirement system that represents the accumulated contributions of the members and the relative shares of the members as of that date. Such shares shall be credited to the respective annuity savings account of such members in the retirement system as additional contributions. The balance of the funds transferred to the retirement system shall be offset against the accrued liability before determining the special accrued liability contribution to be paid by the employer as provided by RSA 100-A:24. The operation of the local retirement system shall be discontinued as of the date participation becomes effective in the retirement system.

Copy link
II.

Any members of any local retirement system who, pursuant to the provisions of RSA 100:33 of the employees' retirement system of the state of New Hampshire, elected to become members of said system and who, pursuant to the terms of RSA 100-A:3, elect to become members of the retirement system as of January 1, 1968 or July 1, 1968, shall have the shares credited to their account in the employee annuity savings fund and the state annuity accumulation fund of said employees' retirement system transferred to the member annuity savings fund and the state annuity accumulation fund of the retirement system respectively in accordance with the provisions of RSA 100-A:16. The employer of those members who so elect shall become an employer for purposes of the retirement system and thereafter all contributions on behalf of such members shall be made by such employer and member to the retirement system. Source. 1967, 134:1, eff. July 1, 1967.

Copy link

Source note

Source. 1967, 134:1, eff. July 1, 1967.

Source history

  • 1967, 134:1, eff. July 1, 1967

Related materials

Bill relationships

  • 2026 HB1170 amend · effective 2026-06-30

    rement system. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Section; Supplemental Allowance; Certain Group II Members. Amend RSA 100-A by inserting after section 41-e the following new section: 100-A:41-f Supplemental Allowance; Group II. I.(a) Any retired group II member of the New Hampshire retirement system or any of its predecessor systems,

  • 2026 HB1585 amend · effective 2027-01-01

    eir beneficiaries; and (2) Defraying reasonable expenses of administering the system. 3 New Subdivision; New Hampshire Retirement System Financial Interest Standards. Amend RSA 100-A by inserting after section 58 the following new subdivision: New Hampshire Retirement System Financial Interest Standards 100-A:59 Definitions. I. “Financial factor” means a factor that can be objectively demon

  • 2026 HB1585-FN amend · effective 2027-01-01

    eir beneficiaries; and (2) Defraying reasonable expenses of administering the system. 3 New Subdivision; New Hampshire Retirement System Financial Interest Standards. Amend RSA 100-A by inserting after section 58 the following new subdivision: New Hampshire Retirement System Financial Interest Standards 100-A:59 Definitions. I. “Financial factor” means a factor that can be objectively demon

  • 2026 HB1804 reference · effective 2028-01-01

    ome members; and employees who are members of any local retirement system other than a local retirement system for teachers shall be entitled to become members only as provided in RSA 100-A:21. "Local retirement system" for purposes of this subdivision shall mean any retirement system or other arrangement for the payment of retirement benefits in existence at the time of passage of this chapter, which is supp

  • 2026 HB1804-FN reference · effective 2028-01-01

    ome members; and employees who are members of any local retirement system other than a local retirement system for teachers shall be entitled to become members only as provided in RSA 100-A:21. "Local retirement system" for purposes of this subdivision shall mean any retirement system or other arrangement for the payment of retirement benefits in existence at the time of passage of this chapter, which is supp

  • 2026 HB727 amend · effective 2026-01-01

    editable service not in excess of 40.5 years. 6 Group II Service Retirement Benefits. Amend RSA 100-A:5, II(c)(1) to read as follows: (c)(1) Notwithstanding any provision of RSA 100-A to the contrary, any group II member who is in vested status before January 1, [2012] September 1, 2013 and has retired on or after the effective date of this subparagraph after attaining the age of 45 with at least 20

  • 2026 HB727-FN amend · effective 2026-01-01

    editable service not in excess of 40.5 years. 6 Group II Service Retirement Benefits. Amend RSA 100-A:5, II(c)(1) to read as follows: (c)(1) Notwithstanding any provision of RSA 100-A to the contrary, any group II member who is in vested status before January 1, [2012] September 1, 2013 and has retired on or after the effective date of this subparagraph after attaining the age of 45 with at least 20

  • 2026 HB728 add · effective 2028-01-01

    cent of the amount collected to the lottery commission for payment for problem gaming services; (c) 4 3/4 percent of the amount collected to the group II retirement system under RSA 100-A; and (d) The remainder of the amount collected to the lottery commission for use according to the special fund established under RSA 284:21-j. II. Charitable organizations from within the executive council district w

  • 2026 HB728-FN add · effective 2028-01-01

    cent of the amount collected to the lottery commission for payment for problem gaming services; (c) 4 3/4 percent of the amount collected to the group II retirement system under RSA 100-A; and (d) The remainder of the amount collected to the lottery commission for use according to the special fund established under RSA 284:21-j. II. Charitable organizations from within the executive council district w

  • 2025 HB2 repeal

    retain eligibility for the benefits applicable to their initial retirement and the calculation of average final compensation. The calculation of other benefits resulting from the return to active service under RSA 100-A shall not apply. 141:450 Repeal. RSA 100-A:5, II(d), relative to the retirement group II annuity multiplier table, is repealed. 141:451 Public Officers and Employees; Method of Financing; 2027 Change. Amend RS