HB 222-FN – AS INTRODUCED
2005 SESSION
10/04
HOUSE BILL 222-FN
AN ACT relative to payment of medical benefits costs for disabled group II members of the retirement system.
COMMITTEE: Executive Departments and Administration
This bill extends the year of eligibility of group II disabled members for the payment of medical benefits costs by the retirement system.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
05-0805
10/04
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Five
AN ACT relative to payment of medical benefits costs for disabled group II members of the retirement system.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Group II Disabled Members; Medical Benefits; Application. Amend RSA 100-A:55, I to read as follows:
I. The additional benefits provided under RSA 100-A:52 shall apply to persons who are active or retired members of group II as of June 30, 2000; to persons who prior to July 1, 1988, had completed no less than 20 years of group II creditable service, but who for reasons other than retirement or death ceased to be a group II member prior to attaining the age of 45, and who, as of July 1, 1993, are eligible for vested deferred retirement benefits; and to persons who are group II permanent policemen or permanent firemen members on disability retirement as the natural and proximate result of injuries suffered while in the performance of duty who become permanent policemen members of group II before July 1, [2005] 2006 or permanent firemen members of group II before July 1, [2005] 2006. Such additional benefits shall not apply to other persons who become members of group II after the dates stated in this paragraph, without future legislation to include them. It is the intent of the legislature that future group II members shall be included only if the total cost of such inclusion can be funded by reimbursement from the special account established under RSA 100-A:16, II(h).
2 Effective Date. This act shall take effect July 1, 2005.
LBAO
05-0805
1/6/05
HB 222-FN - FISCAL NOTE
AN ACT relative to payment of medical benefits costs for disabled group II members of the retirement system.
FISCAL IMPACT:
The New Hampshire Retirement System states this bill will have no fiscal impact on state, county, and local revenue or expenditures.
The New Hampshire Retirement System's Special Account will decrease by $1,827,000 in FY 2006.
METHODOLOGY:
The New Hampshire Retirement System states this bill would extend the medical insurance subsidy to certain Group II employees who become members during the period from July 1, 2005 through June 30, 2006, and subsequently become disabled as a natural and proximate result of injuries suffered while in the performance of duty at any time in the future. The terminal funding costs as of July 1, 2005 for this bill are as follows:
Political
Subdivision State Total
Policemen $ 836,000 $395,000 $1,231,000
Firemen 573,000 23,000 596,000
Group II Total $1,409,000 $418,000 $1,827,000
The Special Account balance as of June 30, 2004 was $30,100,000 for policemen employed by political subdivisions, $13,400,000 for policemen employed by the State, $40,800,000 for firemen employed by political subdivisions, and $1,200,000 for firemen employed by the State.
The Actuary’s letter is on file in the bill jacket in the House Clerk’s Office.