pension

NH News
8:29 am
Thu January 15, 2015

N.H. House Speaker Creates Pension Reform Study Group

Shawn Jasper
Credit Allegra Boverman for NHPR

 

House Speaker Shawn Jasper is making pension reform a priority of the new legislative session by creating a 14-member committee to study the system that provides retirement benefits for public employees.

New Hampshire's public pension system faces a $4.5 billion unfunded liability and Republicans want to reform the system. Jasper announced the committee Wednesday and appointed Rep. David Hess, a Hooksett Republican, as chairman.

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NH News
3:45 pm
Mon September 29, 2014

N.H. Retirement System Makes $900 Million In 2014

The past twenty years of pension fund returns.
Credit NHRS Data

  The New Hampshire Retirement System saw more than $900 million in investment returns added to its trust fund in the last fiscal year. That’s a return of 17.6%.

The state retirement system was holding $7.3 billion at the close of the 2014 fiscal year. That’s up from $6.5 billion in FY-2013.

Retirement system spokesman Marty Karlon says it’s exceeding its annual goals but the unfunded liability isn’t expected to be resolved until 2039.

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NH News
4:52 pm
Wed May 16, 2012

New Pension Plan Backed by NH House

New Hampshire's House has voted to move ahead with a new public pension system for state employees and wants the Senate to reconsider its decision to study the issue instead.

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