CHAPTER 37
HB 1114-FN - FINAL VERSION
17feb00.....3406h
2000 SESSION
HOUSE BILL 1114-FN
AN ACT relative to creditable service in the retirement system for teachers in a job-sharing position.
SPONSORS: Rep. Dyer, Hills 8; Sen. J. King, Dist 18
COMMITTEE: Executive Departments and Administration
This bill continues the current practice for determining creditable service of teachers in a job-sharing position, for teachers in service after July 1, 1995. The bill negates a prospective amendment to the provision. The bill also limits creditable service in the calculation of service for medical benefits payment eligibility for job-sharing teachers.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
17feb00.....3406h
00-2599
10/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand
AN ACT relative to creditable service in the retirement system for teachers in a job-sharing position.
Be it Enacted by the Senate and House of Representatives in General Court convened:
37:1 Retirement System; Creditable Service; Teachers in Job-Sharing Position. RSA 100-A:4, III-b is repealed and reenacted to read as follows:
III-b. Notwithstanding any provision of paragraph III to the contrary, any teacher in service on or after July 1, 1995, who equally shares a job-sharing fulltime position with another teacher shall be eligible for membership in the retirement system. Any such teacher shall accrue full creditable service for the entire period of job-sharing and shall be credited with earnable compensation at the compensation actually paid to such teacher. Creditable service and earnable compensation for any currently active or retired teacher who shared a job-sharing teaching position with another teacher during any period prior to July 1, 1995, shall not be recalculated to conform with the provisions of this paragraph but shall remain in effect as each was originally granted.
37:2 New Paragraph; Teachers Creditable Service; Job Sharing; Payment of Medical Benefits. Amend RSA 100-A:53-a by inserting after paragraph I the following new paragraph:
I-a. Notwithstanding the provision of RSA 100-A:4, III-b, for the purpose of calculating creditable service for eligibility for medical benefits payment under paragraph I, each full year of job-sharing service of a teacher in a job-sharing position shall be calculated at ½ of one year of such service credit.
37:3 Effective Date. This act shall take effect July 1, 2000 at 12:02 a.m.
(Approved: April 7, 2000)
(Effective Date: July 1, 2000 at 12:02 a.m.)
LBAO
00-2599
10/29/99
HB 1114-FN - FISCAL NOTE
AN ACT relative to creditable service in the retirement system for teachers in a job-sharing position.
FISCAL IMPACT:
The New Hampshire Retirement System stated this bill will have no fiscal impact on state, county and local revenue or expenditures.
METHODOLOGY:
The System indicated this bill will have no fiscal impact because the salary and service credit methodology presently being used will not change.
The Actuary's Letter is on file in the bill jacket in the House Clerk's Office.