HB1340 (2008) Detail

(New Title) relative to the special account of the judicial retirement system, and requiring the board of trustees of the judicial retirement plan to study and report on the inclusion of service of certain district court judges.


CHAPTER 247

HB 1340 – FINAL VERSION

05/15/08 1888s

2008 SESSION

08-2579

10/03

HOUSE BILL 1340

AN ACT relative to the special account of the judicial retirement system, and requiring the board of trustees of the judicial retirement plan to study and report on the inclusion of service of certain district court judges.

SPONSORS: Rep. Hager, Merr 12

COMMITTEE: Executive Departments and Administration

AMENDED ANALYSIS

This bill transfers any remaining balance in the judicial retirement system special account upon termination of the special account by 2007, 313.

This bill also requires the board of trustees of the judicial retirement plan to study and report on the inclusion of service of part-time district court judges who worked for the district court system prior to and after unification of the state and district court systems.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

05/15/08 1888s

08-2579

10/03

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eight

AN ACT relative to the special account of the judicial retirement system, and requiring the board of trustees of the judicial retirement plan to study and report on the inclusion of service of certain district court judges.

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

247:1 Judicial Retirement System; Special Account Balance. Pursuant to the amendment to RSA 100-C:13, III(g) by 2007, 313, effective July 13, 2007, which terminated the provisions establishing the special account in the judicial retirement system, any remaining sums held in the special account as of July 13, 2007 by the board of trustees of the judicial retirement system, including any funds deposited on June 30, 2007, shall be transferred to the state annuity accumulation fund.

247:2 Judicial Retirement Plan; Study Required; Report.

I. The board of trustees of the judicial retirement plan under RSA 100-C shall study the inclusion of service of part-time district court judges who worked for the district court system prior to and after unification of the state and district court systems and whether such judges shall have their years of service prior to unification counted as years served for purposes of calculations of their benefit.

II. The board of trustees shall report its findings and any recommendations for proposed legislation to the president of the senate, the speaker of the house of representatives, the senate clerk, the house clerk, the governor, and the state library on or before November 1, 2008.

247:3 Effective Date. This act shall take effect upon its passage.

Approved: June 24, 2008

Effective Date: June 24, 2008