Bill Details - SB458 (2018)

CHAPTER 286

SB 458 - FINAL VERSION

 

 

2018 SESSION

18-2712

10/05

 

SENATE BILL 458

 

AN ACT authorizing the purchase of retirement system creditable service by a certain surviving spouse.

 

SPONSORS: Sen. Birdsell, Dist 19; Sen. Morse, Dist 22; Sen. Carson, Dist 14; Rep. Guthrie, Rock. 13; Rep. Weyler, Rock. 13; Rep. Welch, Rock. 13; Rep. Green, Rock. 13

 

COMMITTEE: Executive Departments and Administration

 

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ANALYSIS

 

This bill provides for the election by a certain surviving spouse of a group II member to purchase up to one month of creditable 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18-2712

10/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Eighteen

 

AN ACT authorizing the purchase of retirement system creditable service by a certain surviving spouse.

 

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

 

286:1  New Hampshire Retirement System; Purchase of Creditable Service; Death Benefit for Matthew L. Moore.

I.  In recognition of the prior military service and nearly 10 years of service as a group II member of the New Hampshire retirement system, the surviving spouse of Officer Matthew L. Moore, a police officer for the town of Hampstead who died January 23, 2016, may purchase up to one month of service as creditable service on behalf of Matthew L. Moore in order to receive the death benefit provided by RSA 100-A:9, II, notwithstanding any provisions of RSA 100-A to the contrary.

II.  The surviving spouse of Officer Moore, if she elects the provisions of this act, shall make all payments of the full actuarial cost to the system on behalf of Matthew L. Moore for such creditable service.  The full actuarial cost of the service credit purchase shall be determined by the actuary based on methods and assumptions recommended by the actuary and approved by the board of trustees.  

286:2  Effective Date.  This act shall take effect upon its passage.

 

Approved: June 21, 2018

Effective Date: June 21, 2018

Docket

Date Status
Jan. 3, 2018 To Be Introduced 01/03/2018 and Referred to Executive Departments and Administration; SJ 1
Feb. 14, 2018 Hearing: 02/14/2018, Room 101, LOB, 10:20 am; SC 7
March 15, 2018 Committee Report: Ought to Pass, 03/15/2018; SC 12
March 8, 2018 Committee Report: Ought to Pass, 03/08/2018; SC 10A
March 15, 2018 Ought to Pass: MA, VV; OT3rdg; 03/15/2018; SJ 8
March 15, 2018 Introduced 03/15/2018 and referred to Executive Departments and Administration HJ 8 P. 70
April 10, 2018 Public Hearing: 04/10/2018 01:30 PM LOB 306
April 10, 2018 Executive Session: 04/10/2018 LOB 306
April 19, 2018 Committee Report: Ought to Pass for 04/19/2018 (Vote 13-1; CC) HC 15 P. 5
Committee Report: Ought to Pass (Vote 13-1; CC)
April 19, 2018 Ought to Pass: MA VV 04/19/2018 HJ 13 P. 6
April 26, 2018 Enrolled 04/26/2018
April 26, 2018 Enrolled (In recess 04/26/2018); SJ 15
June 21, 2018 Signed by the Governor on 06/21/2018; Chapter 284; Effective 06/21/2018 SC 27
June 21, 2018 Signed by the Governor on 06/21/2018; Chapter 0286; Effective 06/21/2018 SC 27

Action Dates

Date Body Type
Feb. 14, 2018 Senate Hearing
March 8, 2018 Senate Floor Vote
March 15, 2018 Senate Floor Vote
April 10, 2018 House Hearing
April 10, 2018 House Exec Session
House Floor Vote
April 19, 2018 House Floor Vote

Bill Text Revisions

SB458 Revision: 2724 Date: Dec. 20, 2017, 1:34 p.m.
SB458 Revision: 3549 Date: April 20, 2018, 10:13 a.m.
SB458 Revision: 4200 Date: June 25, 2018, 3:51 p.m.