Text to be removed highlighted in red.
339:1 New Paragraph; Retirement System; Administration; Cost of Assessment of Proposed Legislation. Amend RSA 100-A:14 by inserting after paragraph XIII the following new paragraph:
XIII-a. Notwithstanding the requirements of paragraph XIII, the cost to the retirement system of the actuarial and professional assessment of proposed legislation required by RSA 14:44 shall be initially paid from assets of the retirement system, but shall be submitted to the governor for reimbursement. Not later than 30 days after the adjournment of each legislative session, the governor shall reimburse the retirement system for such costs. The governor is authorized to draw a warrant for said sum out of any money in the treasury not otherwise appropriated.
339:2 Retirement System; Job Classification. RSA 100-A:3, IX is repealed and reenacted to read as follows:
IX. If there is any doubt as to the proper classification of a job in the retirement system, the trustees shall determine whether the person holding the job is an employee, teacher, permanent policeman, or permanent fireman as defined in RSA 100-A:1; provided, however, that a 2/3 vote shall be required to classify the job in group II, and further provided that in the case of a newly-created job held by more than one person, the job shall be classified in group I unless it is explicitly placed in group II by the legislation creating the job in the case of a state job, or by a majority vote of the legislative body of the political subdivision in the case of a political subdivision job. For the purposes of this paragraph, an increase in the number of persons holding a given job with a given employer shall not be considered as creation of a new job. No job shall be reclassified from group I to group II of the retirement system without legislation specifically authorizing a transfer from group I to group II.
339:3 Contingency. If HB 116-FN of the 2019 regular legislative session becomes law, then section 2 of this act shall take effect July 1, 2020. If HB 116-FN of the 2019 regular legislative session does not become law, then section 2 of this act shall not take effect.
339:4 Effective Date.
I. Section 2 of this act shall take effect as provided in section 3 of this act.
II. The remainder of this act shall take effect 60 days after its passage.
Approved: September 06, 2019
Effective Date:
I. Section 2 shall take effect as provided in section 3
II. Remainder shall take effect November 5, 2019
Text to be added highlighted in green.
339:1 New Paragraph; Retirement System; Administration; Cost of Assessment of Proposed Legislation. Amend RSA 100-A:14 by inserting after paragraph XIII the following new paragraph:
XIII-a. Notwithstanding the requirements of paragraph XIII, the cost to the retirement system of the actuarial and professional assessment of proposed legislation required by RSA 14:44 shall be initially paid from assets of the retirement system, but shall be submitted to the governor for reimbursement. Not later than 30 days after the adjournment of each legislative session, the governor shall reimburse the retirement system for such costs. The governor is authorized to draw a warrant for said sum out of any money in the treasury not otherwise appropriated.
339:2 Retirement System; Job Classification. RSA 100-A:3, IX is repealed and reenacted to read as follows:
IX. If there is any doubt as to the proper classification of a job in the retirement system, the trustees shall determine whether the person holding the job is an employee, teacher, permanent policeman, or permanent fireman as defined in RSA 100-A:1; provided, however, that a 2/3 vote shall be required to classify the job in group II, and further provided that in the case of a newly-created job held by more than one person, the job shall be classified in group I unless it is explicitly placed in group II by the legislation creating the job in the case of a state job, or by a majority vote of the legislative body of the political subdivision in the case of a political subdivision job. For the purposes of this paragraph, an increase in the number of persons holding a given job with a given employer shall not be considered as creation of a new job. No job shall be reclassified from group I to group II of the retirement system without legislation specifically authorizing a transfer from group I to group II.
339:3 Contingency. If HB 116-FN of the 2019 regular legislative session becomes law, then section 2 of this act shall take effect July 1, 2020. If HB 116-FN of the 2019 regular legislative session does not become law, then section 2 of this act shall not take effect.
339:4 Effective Date.
I. Section 2 of this act shall take effect as provided in section 3 of this act.
II. The remainder of this act shall take effect 60 days after its passage.
Approved: September 06, 2019
Effective Date:
I. Section 2 shall take effect as provided in section 3
II. Remainder shall take effect November 5, 2019