New Hampshire Revised Statutes 100-A:7-a – Certain Part-Time Employment; Notice Required
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Terms Used In New Hampshire Revised Statutes 100-A:7-a
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- 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
- Part-time: for purposes of employment of a retired member of the New Hampshire retirement system but excepting per diem court security officers and court bailiffs, means employment by one or more participating employers of the retired member which shall not exceed 1,352 hours in a calendar year, except as provided in N. See New Hampshire Revised Statutes 100-A:1
- 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 allowance: shall mean the sum of the member annuity and the state annuity. 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
- 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
- State: shall mean the state of New Hampshire. See New Hampshire Revised Statutes 100-A:1
The retirement system shall annually provide written notice to all retired members of the retirement system of the limitations on part-time employment as defined in N.H. Rev. Stat. § 100-A:1, XXXIV and the potential effect that exceeding such limitations could have on the retired member‘s retirement benefits, including restoration to service as required in N.H. Rev. Stat. § 100-A:7, I and the forfeiture of the state annuity portion of his or her retirement allowance under N.H. Rev. Stat. § 100-A:7, II.