New Hampshire Revised Statutes 100-C:18 – Notice of Election
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Terms Used In New Hampshire Revised Statutes 100-C:18
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Beneficiary: means any person receiving a retirement allowance or other benefit as provided in this chapter. See New Hampshire Revised Statutes 100-C:1
- Member: means any full-time supreme court, superior court, or circuit court judge. See New Hampshire Revised Statutes 100-C:1
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
- plan: means the New Hampshire judicial retirement plan as defined in N. See New Hampshire Revised Statutes 100-C:1
- Retirement: means withdrawal from active service with a retirement allowance granted under the provisions of this chapter. See New Hampshire Revised Statutes 100-C:1
Each full-time judge who was appointed prior to January 1, 2005, or an eligible beneficiary of such judge who retired after attaining age 65, shall notify the plan in writing no later than 90 days after the plan mails to each affected person a statement of the method by which retirement benefits are calculated under N.H. Rev. Stat. Chapter 100-C as well as under the provisions of the former judicial retirement statutes, N.H. Rev. Stat. § 490:2, N.H. Rev. Stat. § 491:2, N.H. Rev. Stat. § 502-A:6-a, or N.H. Rev. Stat. § 547:2-a, as to whether the member or beneficiary intends to claim retirement benefits pursuant to one of the former judicial retirement statutes instead of the retirement benefits paid pursuant to RSA 100-C. Such election, once made, shall be irrevocable. If an election is not made within 90 days after the plan mails such statement, the member or beneficiary shall only receive benefits under the provisions of RSA 100-C. In the event that a member or beneficiary elects to claim retirement benefits pursuant to one of the former judicial retirement statutes, he or she shall not be entitled to reimbursement for any contributions made pursuant to N.H. Rev. Stat. § 100-C:13 or N.H. Rev. Stat. § 100-C:14.