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1 Retirement Definitions. Amend RSA 100-A:1, XVIII(c)(1) to read as follows:
(c)(1) For group II members who commenced service prior to July 1, 2011 and who have not attained vested status prior to January 1, 2012, the average annual earnable compensation of a member during his or her highest 5 years of creditable service, or during all of the years in his or her creditable service if less than 5 years. For purposes of inclusion in this calculation, the average percentage of compensation paid in excess of the full base rate of compensation in the highest 5 years shall not exceed the average percentage of compensation paid in excess of the full base rate of compensation over all the member's years of service on or after January 1, 2012 .
2 Effective Date. This act shall take effect 60 days after its passage.
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1 Retirement Definitions. Amend RSA 100-A:1, XVIII(c)(1) to read as follows:
(c)(1) For group II members who commenced service prior to July 1, 2011 and who have not attained vested status prior to January 1, 2012, the average annual earnable compensation of a member during his or her highest 5 years of creditable service, or during all of the years in his or her creditable service if less than 5 years. For purposes of this calculation, the inclusion of the average annual compensation for extra and special duty pay in the 5 years shall not exceed the average annual amount of compensation for extra and special duty paid to the member over the member 's last 5 years of creditable service on or after January 1, 2012, as reported by the employer in accordance with RSA 100-A:16, VI, or over all of the years in his or her creditable service on or after January 1, 2012, if less than 5 years .
2 Effective Date. This act shall take effect 60 days after its passage.