New Hampshire Revised Statutes 100-A:36-a – Merger of Employees’ Retirement System of the State of New Hampshire
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In New Hampshire Revised Statutes 100-A:36-a
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Retirement: shall mean withdrawal from active service with a retirement allowance granted under the provisions hereof. See New Hampshire Revised Statutes 100-A:1
- Retirement system: shall mean the New Hampshire Retirement System as defined in N. See New Hampshire Revised Statutes 100-A:1
- State: shall mean the state of New Hampshire. See New Hampshire Revised Statutes 100-A:1
Effective January 1, 1976, the employees’ retirement system of the state of New Hampshire, as provided by RSA 100, shall be merged into and become a part of the New Hampshire retirement system. All retired members and beneficiaries who are receiving or are eligible to receive benefits under N.H. Rev. Stat. Chapter 100 shall receive the same benefits from the New Hampshire retirement system, but in accordance with the payment provisions and restrictions of the employees’ retirement system of the state of New Hampshire. All assets and liabilities under the employees’ retirement system of the state of New Hampshire are hereby transferred to the New Hampshire retirement system. The regulations and provisions of the employees’ retirement system of the state of New Hampshire shall hereby be considered a part of the regulations and provisions of the New Hampshire retirement system for purposes of administering this section.