RSA 101-B:2 · Commission Established

101-B:2 Commission Established. –

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I.

A deferred compensation commission is hereby established consisting of the following members:

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(a)

The state treasurer or designee;

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(b)

The commissioner of administrative services or designee;

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(c)

The insurance commissioner or designee;

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(d)

The attorney general or designee;

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(e)

The secretary of state, or designee;

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(f)

One member who shall be an unclassified state employee and a member of the deferred compensation plan, and who shall have knowledge of defined contribution plans, appointed by the governor with the advice and consent of the council, for a term of 3 years;

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(g)

One member who shall be a public employee at-large, and who shall have knowledge of defined contribution plans, appointed by the governor with the advice and consent of the council, for a term of 3 years;

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(h)

One member who shall be a nonclassified legislative employee and a member of the deferred compensation plan, and who shall have knowledge of defined contribution plans, appointed by the speaker of the house and the president of the senate, for a term of 3 years; and

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(i)

One member who shall be a nonclassified judicial employee and a member of the deferred compensation plan, and who shall have knowledge of defined contribution plans, appointed by the chief justice of the supreme court, for a term of 3 years.

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II.

Five members shall constitute a quorum for the transaction of business and may act on behalf of the commission. Source. 1977, 264:20. 1979, 360:13. 1985, 399:3, I. 1998, 371:8. 2006, 245:25, eff. July 1, 2006. 2015, 30:1, eff. July 6, 2015.

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