HB1643 (2008) Detail

Relative to medical benefits payment by the retirement system for eligible group I teachers and political subdivision employees in the retirement system.


CHAPTER 86

HB 1643-FN – FINAL VERSION

18Mar2008… 0888h

2008 SESSION

08-2905

10/09

HOUSE BILL 1643-FN

AN ACT relative to medical benefits payment by the retirement system for eligible group I teachers and political subdivision employees in the retirement system.

SPONSORS: Rep. Wallner, Merr 12; Rep. Whalley, Belk 5; Sen. Downing, Dist 22; Sen. Janeway, Dist 7

COMMITTEE: Joint Committee on Executive Departments and Administration and Finance

ANALYSIS

This bill extends the dates for eligibility for retirement system payment of the medical benefit subsidy for eligible group I teachers and political subdivision employees.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18Mar2008… 0888h

08-2905

10/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eight

AN ACT relative to medical benefits payment by the retirement system for eligible group I teachers and political subdivision employees in the retirement system.

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

86:1 Retirement System; Medical Benefits; Group I Teachers and Political Subdivision Employees. Amend RSA 100-A:52-a, I(a)–(c) to read as follows:

(a) Any person, who [has] was eligible to retire as of July 1, 2008 with at least 20 years of creditable service as a group I member if age 60 or older, or who was eligible to retire as of July 1, 2008 with at least 30 years of creditable service as a group I member if age 55-59, and retired on or before July 1, [2008] 2009 as a group I teacher member or political subdivision employee member of the New Hampshire retirement system on service or ordinary disability retirement, provided that such person shall be entitled to retirement on the basis of group I creditable service, or any person retired on or before July 1, [2008] 2009, as a group I member whose service retirement benefit is based upon the provisions of RSA 100-A:19-c and who [has] as of July 1, 2008 was eligible to retire with a minimum of 20 years of creditable service as a group I member.

(b) Any person who for reasons other than retirement or death ceases to be a group I teacher or political subdivision employee prior to attaining the age of 60, and who, as of July 1, 2008, receives a vested deferred retirement allowance and who has completed no less than 20 years of group I creditable service and subsequently attains the age of 60, or who has completed no less than 30 years of group I creditable service and subsequently attains the age of 55.

(c) Any person who [has completed] was eligible to retire as of July 1, 2008 with no less than 20 years of group I creditable service and who as of July 1, 2009 retired as a group I teacher member or political subdivision employee member prior to age 60, and who subsequently attains the age of 60, or any person who [has completed] was eligible to retire as of July 1, 2008 with no less than 30 years of group I creditable service and who as of July 1, 2009 retired as a group I teacher member or political subdivision employee member prior to age 55, and who subsequently attains the age of 55.

86:2 Effective Date. This act shall take effect upon its passage.

Approved: May 21, 2008

Effective Date: May 21, 2008