NH Retirement Security Coalition

Pension Facts for New Hampshire

  • Benefits are modest: two-thirds of NHRS retirees receive an annual pension benefit of less than $25,000
  • New Hampshire’s annual pension costs for the state and municipalities are well below the national average
  • Each dollar paid out in pension benefits supports $1.40 in total economic activity in New Hampshire
  • Each dollar “invested” by New Hampshire taxpayers in supports $6.33 in total economic activity in New Hampshire
  • As it stands, NHRS is 60% funded. Changes were made in 2007 to correct the underfunding of the NHRS and it is set to be fully-funded by 2039

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By THE NEW HAMPSHIRE RETIREMENT SECURITY COALITION  October 26. 2018 12:34AM UNION LEADER — LAST WEEK, Dave Solomon issued an editorial regarding the New Hampshire Retirement System and its current funded status. And while the article included a decent amount of fact-based information, its central thesis was lost. A few issues were apparent from the onset. First, what is the purpose of comparing the Retirement System’s unfunded liability to the state budget? Saying things like
For Immediate Release Contact: Casey McCabe, info@nhretirementsecuritycoalition.com August 17, 2018 $500 one-time Payment to Bring Relief  to Certain Retirees This week and next will bring some relief to certain retirees as the NH Retirement System announced on Wednesday they would begin issuing the $500 one-time payment as passed in HB1756 during the 2018 legislative session. These checks will be issued to retirees with at least 20 years of service, who have been retired for at
For Immediate Release Contact: Casey McCabe, info@nhretirementsecuritycoalition.com February 21, 2018   NH House Finance Committee Denies NH Retirees a Cost-of-Living Adjustment Concord – Today the NH House Finance Committee voted 14 to 10 to kill HB1756-FN, a bill that would provide a long overdue COLA to the 28,000 currently retired public employees. Several Republican members of the committee provided reasons for this decision that were based on misunderstandings of the NH Retirement System, false realities,
By Elizabeth Dinan edinan@seacoastonline.com Posted Dec 14, 2017 at 2:42 PMUpdated Dec 14, 2017 at 8:51 PM Seacoastonline.com  NH Legislature expected to pass bill curbing ‘double dipping’ CONCORD — A bill that seeks to limit the income of “double dipper” public pensioners is recommended by lawmakers as “ought to pass,” according to the New Hampshire Retirement System, the pension pool for police, fire, school and other public employees. In a Wednesday memo, the NHRS announced House Bill 561 was amended in the Senate Executive Departments and
A new study from NCPERS shows how little a pension fund’s funding status has to do with its ability to pay out benefits. “As long as annual contributions and investment income exceed benefit payments, pension funds can continue to operate in perpetuity regardless of their funding status. Read the Study: HERE.

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