RSA 100-B:5 · Benefit Dates

100-B:5 Benefit Dates. –

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I.

The benefit date of members in the plan shall be the later of:

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(a)

Attainment of age 60.

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(b)

Completion of at least 20 years of credited service.

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II.

A member who is satisfactorily able to perform the member's duties may remain in active volunteer service after the member's benefit date. The first day of the calendar month following such actual retirement shall be the member's deferred benefit date.

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III.

A member who qualifies for benefits under paragraph I may begin to receive benefits at the member's benefit date even though the member continues volunteer service. No additional credit shall be earned beyond the 20 years required for benefit eligibility. Source. 1996, 211:1, eff. Jan. 1, 1997.

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