Bill Text - HB250 (2024)

(Second New Title) relative to the accidental death benefit payable for a retirement system member.


Revision: Jan. 4, 2023, 1:26 p.m.

 

2023 SESSION

23-0337.0

10/04

 

HOUSE BILL [bill number]

 

AN ACT relative to the accidental death benefit payable to a group II member.

 

SPONSORS: [sponsors]

 

COMMITTEE: [committee]

 

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ANALYSIS

 

This bill increases the amount of the state retirement annuity payable upon the accidental death of a group II member to 100 percent of earnable compensation at the member's death.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

23-0337.0

10/04

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Three

 

AN ACT relative to the accidental death benefit payable to a group II member.

 

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

 

1  Retirement System; Accidental Death Benefits; Annuity Payable Upon Death.  Amend RSA 100-A:8, II (b) to read as follows:

(b) Upon the accidental death of a group II member the amount of the state annuity payable shall be equal to [50] 100 percent of the member's annual rate of earnable compensation at the date of the member's death.

2  Effective Date.  This act shall take effect 60 days after its passage.