New Hampshire Revised Statutes 100-A:19-b – Minimum Age
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For the purposes of this subdivision only, minimum age shall mean:
I. For a member who has completed less than 20 years combined creditable service in both group I and group II, 60 years.
II. (a) For a member who is in vested status before January 1, 2012 and, who has completed 20 or more years of combined creditable service, one year shall be deducted from age 60 for each year of creditable group II service, provided that the age shall not be less than 45 years.
(b) For a member who commenced service on or after July 1, 2011 and who has completed 25 or more years of combined creditable service, one year shall be deducted from age 60 for each year of creditable group II service, provided that the age shall not be less than 50 years, and provided that a the member shall not be eligible to receive a retirement allowance until attaining the age of 52.5.
(c) For members who have not attained vested status prior to January 1, 2012, minimum age shall be as provided in the transition provisions in N.H. Rev. Stat. § 100-A:5, II(d) with one year deducted from age 60 to not less than the adjusted minimum age.
I. For a member who has completed less than 20 years combined creditable service in both group I and group II, 60 years.
Terms Used In New Hampshire Revised Statutes 100-A:19-b
- Creditable service: shall mean prior service plus membership service, as provided in N. See New Hampshire Revised Statutes 100-A:1
- Member: shall mean any person included in the membership of the retirement system, as provided in N. See New Hampshire Revised Statutes 100-A:1
- Retirement allowance: shall mean the sum of the member annuity and the state annuity. See New Hampshire Revised Statutes 100-A:1
- Service: shall mean service as an employee, a teacher, a permanent policeman or a permanent fireman which is paid for by an employer. See New Hampshire Revised Statutes 100-A:1
II. (a) For a member who is in vested status before January 1, 2012 and, who has completed 20 or more years of combined creditable service, one year shall be deducted from age 60 for each year of creditable group II service, provided that the age shall not be less than 45 years.
(b) For a member who commenced service on or after July 1, 2011 and who has completed 25 or more years of combined creditable service, one year shall be deducted from age 60 for each year of creditable group II service, provided that the age shall not be less than 50 years, and provided that a the member shall not be eligible to receive a retirement allowance until attaining the age of 52.5.
(c) For members who have not attained vested status prior to January 1, 2012, minimum age shall be as provided in the transition provisions in N.H. Rev. Stat. § 100-A:5, II(d) with one year deducted from age 60 to not less than the adjusted minimum age.