Revision: Oct. 13, 2023, 12:28 p.m.
2024 SESSION
24-2565.0
10/08
HOUSE BILL [bill number]
AN ACT relative to retirement system allowances for former spouses of retirees.
SPONSORS: [sponsors]
COMMITTEE: [committee]
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ANALYSIS
This bill provides that if a retirement system retiree returns to being a member of the system, the portion of the retiree's allowance which is paid to a former spouse under a qualified domestic relations order will continue.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
24-2565.0
10/08
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Four
AN ACT relative to retirement system allowances for former spouses of retirees.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Retirement System; Working After Retirement; Divorced Spouse. Amend RSA 100-A:7, I to read as follows:
I. Any retired member returning to work for a participating employer in a position requiring mandatory membership pursuant to RSA 100-A:3 shall be restored to service and the retiree's retirement allowance shall cease, the retiree shall again become a member of the retirement system, and the retiree shall contribute at the percentage payable pursuant to RSA 100-A:16, I(a). Provided, however that if a retiree's retirement allowance ceases, the portion of the retiree's allowance which is subject to a qualified domestic relations order shall continue to be paid to a divorced spouse. Anything herein to the contrary notwithstanding, any credit for membership service and for any prior service on the basis of which the retired member's creditable service was computed at the time of his or her former retirement shall be restored to full force and effect; upon subsequent retirement, the retiree shall receive a retirement allowance based on his or her combined creditable service and average final compensation.
2 Effective Date. This act shall take effect 60 days after its passage.