Revision: March 11, 2019, 10:10 a.m.
HB 418-FN - AS AMENDED BY THE HOUSE
27Feb2019... 0327h
2019 SESSION
19-0582
10/05
HOUSE BILL 418-FN
AN ACT relative to the limitations on part-time employment under the New Hampshire retirement system.
SPONSORS: Rep. Danielson, Hills. 7
COMMITTEE: Executive Departments and Administration
─────────────────────────────────────────────────────────────────
AMENDED ANALYSIS
This bill modifies the grandfathering provision for changes to part-time employment with a retirement system employer to require only that grandfathered retired members remain with the same employer.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
27Feb2019... 0327h 19-0582
10/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nineteen
AN ACT relative to the limitations on part-time employment under the New Hampshire retirement system.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Retirement System; Part-time Employment; Grandfathering Provision. Amend 2018, 293:6 to read as follows:
293:6 Grandfathering of Existing Part-Time [Positions] Members; Penalty; Reporting.
I. The amendments to the provisions of RSA 100-A made by this act shall not apply to a retired member working [in a] part-time [position] for a participating employer [for the position in which the retired member is employed] on the effective date of this act.
II. Any retired member working under the provisions of paragraph I who exceeds 1,664 hours shall forfeit the state annuity portion of his or her retirement allowance, and any allocable cost of living adjustments, with such forfeiture commencing as soon as administratively feasible in the next calendar year and continuing for a period of 12 months.
III. In order to establish and maintain eligibility for the grandfathering exception provided in paragraph I, on or before February 15, 2019, and annually thereafter, every employer shall provide, in a format provided by the retirement system, the names [and part-time position titles] of any retired members continuing to be employed part-time by the employer as of the effective date of this act.
IV. If a retired member leaves the part-time employment for which the retired member is grandfathered and is employed by another participating employer, the retired member shall no longer be grandfathered and will have to comply with the provisions governing part-time employment in RSA 100-A.
2 Effective Date. This act shall take effect upon its passage.
19-0582
Amended 3/8/19
HB 418-FN- FISCAL NOTE
AS AMENDED BY THE HOUSE (AMENDMENT #2019-0327h)
AN ACT relative to the limitations on part-time employment under the New Hampshire retirement system.
FISCAL IMPACT: [ X ] State [ X ] County [ X ] Local [ ] None
|
| |||
| Estimated Increase / (Decrease) | |||
STATE: | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
Appropriation | $0 | $0 | $0 | $0 |
Revenue | $0 | $0 | $0 | $0 |
Expenditures | Indeterminable | Indeterminable | Indeterminable | Indeterminable |
Funding Source: | [ X ] General [ X ] Education [ X ] Highway [ ] Other | |||
|
|
|
|
|
POLITICAL SUBDIVISIONS: |
|
|
|
|
Revenue | $0 | $0 | $0 | $0 |
Expenditures | Indeterminable | Indeterminable | Indeterminable | Indeterminable |
*The New Hampshire Retirement System states it is not able to separate the fiscal impact of this legislation between county and local government, therefore the fiscal impact is shown together as political subdivisions.
METHODOLOGY:
This bill modifies the provision "grandfathering" retirees working part-time for New Hampshire Retirement System participating employers on January 1, 2019. Currently, those retirees may work up to 1,664 hours per calendar year, compared to the 1,352 hour per calendar year cap, and they must remain in that position to maintain eligibility for the higher annual hourly cap. The bill would allow these retirees to move to a different part-time position with the same employer and continue to work up to 1,664 hours per calendar year. If a retiree leaves part time employment for which the member is grandfathered, and is employed by another participating employer, the retired member shall no longer be grandfathered. Retirees who exceed the statutory limit on annual hours forfeit the state annuity portion of their pension for 12 months. The NHRS states the bill is not likely to have a measurable impact on employer rates, but any potential fiscal impact is indeterminable. There is no revenue impact to the system as there are no contributions collected on behalf of such retired individuals.
AGENCIES CONTACTED:
New Hampshire Retirement System