Bill Text - HB342 (2013)

Relative to part-time employment of retired members of the retirement system.


Revision: Jan. 17, 2013, midnight

HB 342-FN – AS INTRODUCED

2013 SESSION

13-0778

10/01

HOUSE BILL 342-FN

AN ACT relative to part-time employment of retired members of the retirement system.

SPONSORS: Rep. D. Sullivan, Hills 42

COMMITTEE: Executive Departments and Administration

ANALYSIS

This bill changes the definition of part-time employment of retired members of the retirement system when employed by an employer in the retirement system, requires notice of the rules of such part-time employment to prospective hires, and requires employers to make contributions for unfunded accrued liability if the part-time employee exceeds the hours for part-time service.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

13-0778

10/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Thirteen

AN ACT relative to part-time employment of retired members of the retirement system.

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

1 Retirement System; Definition of Part-time. Amend RSA 100-A:1, XXXIV to read as follows:

XXXIV. “Part-time” for purposes of employment of a retired member of the New Hampshire retirement system but excepting per diem court security officers and court bailiffs, who retired on or after July 1, 2013, means employment during a calendar year by one or more employers of the retired member which shall not exceed [32] 24 hours in each normal calendar week. Employment in some instances may exceed [32] 24 hours in any normal calendar week provided that in such case, the part-time employment of the retired member shall not exceed [1,300] 1,000 hours worked in a calendar year,[so long as such part-time employment does not occur outside of a 5-consecutive-month period in any 12-month period] and the retired member shall not exceed 24 hours worked per week outside of a 5-consecutive-month period in a calendar year commencing with the first normal calendar week that he or she exceeded 24 hours worked.

2 New Section; Retirement System; Part Time Employment; Notice to Prospective Employee. Amend RSA 100-A by inserting after section 7 the following new section:

100-A:7-a Retired Members; Part-time Employment; Notice by Employer Required. An employer shall provide written notice to a prospective employee who is a retired member of the retirement system of the rules and requirements for the hourly limitations on part-time employment as defined in RSA 100-A:1, XXXIV. The prospective employee shall acknowledge receipt of the written notice on a form provided by the retirement system.

3 New Paragraph; Retirement System; Employer Contributions; Part-time Employment of Retired Member. Amend RSA 100-A:16 by inserting after paragraph II-a the following new paragraph:

II-b. In addition to employer contributions required under paragraph II, for members who retired on or after July 1, 2013 an employer who employs such a retired member for part-time employment, but where the retired member’s total hours exceed the definition of part-time in RSA 100-A:1, XXXIV but who do not meet the requirements for membership, shall make contributions at the percentage rates certified by the board of trustees for the total compensation paid to such part-time employee; provided that the percentage rates applied shall only be for the employer’s share of the unfunded accrued liability determined under subparagraph II(e).

4 Effective Date. This act shall take effect July 1, 2013.

LBAO

13-0778

01/15/13

HB 342-FN - FISCAL NOTE

AN ACT relative to part-time employment of retired members of the retirement system.

FISCAL IMPACT:

    Due to time constraints, the Office of Legislative Budget Assistant is unable to provide a fiscal note for this bill, as introduced, at this time. When completed, the fiscal note will be forwarded to the House Clerk's Office.