CHAPTER 166

HB 183-FN - FINAL VERSION

22mar01...0282h

13june01...1650eba

2001 SESSION

01-0347

10/09

HOUSE BILL 183-FN

AN ACT relative to the purchase of certain prior service by county corrections officers in the New Hampshire retirement system.

SPONSORS: Rep. Poulin, Merr 14; Rep. Proulx, Straf 12; Rep. Marshall Quandt, Rock 20; Rep. DeChane, Straf 6; Rep. Woodill, Straf 2

COMMITTEE: Executive Departments and Administration

AMENDED ANALYSIS

This bill allows county corrections officers to purchase as group II service, group I service completed before such employment was classified as group II service in any county corrections facility.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

22mar01...0282h

13june01...1650eba

01-0347

10/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand One

AN ACT relative to the purchase of certain prior service by county corrections officers in the New Hampshire retirement system.

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

166:1 County Corrections Personnel; Purchase of Certain Prior Service; Application to Other Facilities. Amend 2000, 154:1 to read as follows:

154:1 New Hampshire Retirement System; County Corrections Personnel; Eligibility for Purchase of Prior Group I Service as Group II Service. At the time any county elects to transfer the corrections officer personnel employed at its correctional facilities from group I to group II retirement system service under the provisions of RSA 100-A:20, III, any corrections officer, who has prior eligible group I service as a corrections officer in a facility of the county in question, or who has prior group I eligible service as a corrections officer in another county corrections facility in the state may purchase such service as group II service notwithstanding any provisions of RSA 100-A:20, III to the contrary. Provided, however, that the period of the service must have been performed between the dates of July 24, 1987 and the date of the transfer of the corrections positions in the respective counties to group II. A one-time cost of obtaining such prior service credit, determined by the actuarial accrued liability methodology, shall be the responsibility of the member requesting the calculation. An eligible member shall notify the board of trustees of the member's desire to purchase such time and shall purchase such time [within 5 years of the effective date of this act] prior to July 1, 2006.

166:2 Effective Date. This act shall take effect 60 days after its passage.

(Approved: July 5, 2001)

(Effective Date: September 3, 2001)