Story Archives of 'NH Retirement System'

Municipalities Are Gearing Up to Sue the State Over Retirement Costs

By David Darman on Thursday, July 16, 2009.

The new state budget has only been on the books for just two weeks and its already facing its second legal challenge.

The Municipal Association, Association of Counties and the state School Board Association are poised to sue over a policy change that would force communities to pay more toward the pensions of local retirees.

The Governor and top lawmakers counter that this budget is better to communities than critics claim.

NHPR’s David Darman has more.

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New Year, Same Concern over Pensions

By Dan Gorenstein on Monday, February 9, 2009.

Pension reform continues to be a popular topic in Concord.

Lawmakers are expected to consider at least 15 separate bills to tweak the New Hampshire Retirement System.

The system is about 2.7 billion dollars underfunded.

New Hampshire Public Radio’s Dan Gorenstein reports.

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Auditor Points To Mounting Tab For Retiree Benefits

By Josh Rogers on Friday, January 16, 2009.

KPMG says liabilities on track to reach $2.5 billion. While some lawmakers say benefit cuts need to be on the table, others hope for help from Washington.

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Pension Systems Want Court Ruling on Sudan Divestment Law

By Amy Quinton on Thursday, November 6, 2008.

New Hampshire’s two pension systems have filed lawsuits asking a court to decide if the state’s Sudan Divestment Act is constitutional.
The law, passed last spring, requires the systems to shed investments of what it calls companies that support Sudan’s campaign of genocide.
But the pension systems argue they are by law required to get the best return for investors.
New Hampshire Public Radio’s Amy Quinton reports.

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Lawmakers Begin to Hammer Out Pension Reform

By Dan Gorenstein on Tuesday, May 27, 2008.

Lawmakers have until Friday afternoon to reach a compromise on legislation to reform the public pension system.

New Hampshire Public Radio’s Dan Gorenstein reports.

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Problems with Pensions

By Laura Knoy on Thursday, May 1, 2008.

New Hampshire's retirement system for public employees is seriously underfunded, and lawmakers are trying to reform it, tackling tough structural issues that many say should have been tackled long ago. We’ll look at the two competing reform measures and their impact on retirees and taxpayers.

Guests

We'll also hear from

  • Dean Michner, director of governmental affairs at the New Hampshire Boards Association
  • David Lang, president of the Professional Fire Fighters Association of New Hampshire and fire fighter in Hampton for 28 years
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Retirement Reform 101

By Dan Gorenstein on Wednesday, April 30, 2008.

Lawmakers continue to push through a massive bill to reform the public pension system that provides retirement benefits to police, firefighters, teachers, state and municipal workers.

Today a senate committee finished its work on the bill and is sending it to the Senate floor.

New Hampshire Public Radio’s Dan Gorenstein has more.

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Senators Feel the Squeeze

By Dan Gorenstein on Thursday, March 27, 2008.

This week, lobbyists have begun in earnest to talk to State Senators about the controversial bill that would overhaul the public retirement system.

On one side unions representing public employees want the Senate to substantially change the bill that came out of the House.

And they're using their political power to pressure those Senators they've supported in earlier elections.

New Hampshire Public Radio’s Dan Gorenstein reports.

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Cities and Towns Push Retirement Overhaul

By Dan Gorenstein on Tuesday, March 18, 2008.

By a 4 to 1 majority the New Hampshire House has overwhelmingly passed reforms to the state retirement system.

Supporters say the overhaul is needed to modernize the system and minimize costs to the cities and towns that pay into the retirement fund.

Critics charge the changes go too far and aren’t needed to bring long-term viability to the system.

New Hampshire Public Radio’s Dan Gorenstein looks at the impact House Bill 1645 would have on municipalities.

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Retirees Want Raises to Keep Coming From Troubled Retirement System

By David Darman on Tuesday, May 22, 2007.

The New Hampshire Senate is getting ready to vote tomorrow on two measures that would reform the state’s ailing retirement system.

Lawmakers, public employees and retirees in general agree that reforms are needed.

But the questions of how much needs to be done and who should pay for it are still under dispute.

New Hampshire Public Radio’s David Darman has more.

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