2023 New Hampshire Revised Statutes › Title VI - Public Officers and Employees › Chapter 100-A - New Hampshire Retirement System › Section 100-A:58 - Repealed by 2023, 79:69 eff. Dec. 1, 2023.

[RSA 100-A:58 repealed by 2023, 79:69 effective December 1, 2023.]
100-A:58 Retirement Benefits Commission. –
I. There is established a commission to study retirement benefits and retention of employees.
II. The members of the commission shall be as follows:
(a) Four members of the senate, at least one of whom shall be a member of the minority party, appointed by the president of the senate.
(b) Four members of the house of representatives, at least one of whom shall be a member of the minority party, appointed by the speaker of the house of representatives.
(c) One representative of the New Hampshire Municipal Association, appointed by the association.
(d) One representative of the New Hampshire School Boards Association, appointed by the association.
(e) One representative of the New Hampshire Association of Counties, appointed by the association.
(f) One representative of the Professional Firefighters of New Hampshire, appointed by that organization.
(g) One representative of the New Hampshire Troopers Association or New Hampshire Police Association, appointed by mutual agreement.
(h) One teacher, appointed by the National Education Association-New Hampshire.
(i) One state employee, appointed by the New Hampshire State Employees Association.
III. Legislative members of the commission shall receive mileage at the legislative rate when attending to the duties of the commission.
IV. The commission shall examine issues surrounding retirement benefits, including:
(a) The impact retirement benefits have on the retention of employees and the ability to attract new employees.
(b) Whether changes to the current benefit structure are warranted, including the cost and funding source of any proposed change.
(c) The report of the decennial retirement commission.
(d) Analyzing the financial status of the retirement system and performing a risk assessment to the system.
(e) Whether cost of living adjustments (COLAs) or stipend are appropriate and could be funded through employer and employee contributions.
(f) Making recommendations ensuring the long-term viability of the New Hampshire retirement system.
(g) Considering the effect that policy changes have on the state and political subdivisions.
(h) Consideration of a state employer match toward state employee contributions under the state of New Hampshire public employees deferred compensation plan.
V. Members of the commission shall elect a chairperson from among the members. The first meeting of the commission shall be called by the first-named senate member. The first meeting of the commission shall be held within 45 days of the effective date of this section. Eight members of the commission shall constitute a quorum.
VI. The commission shall report its findings and any recommendations for proposed legislation to the president of the senate, the speaker of the house of representatives, the senate clerk, the house clerk, the governor, and the state library on or before December 1, 2023.
Source.
2023, 79:68, eff. July 1, 2023.