Category: Economy, Budget and Taxes

HB 369 (2017)

House/Senate Bill: House

Description: Extends the period to correct the unfunded liability of the New Hampshire Retirement System (NHRS) from 30 to 40 years. According to the NHRS, in the short term there will be savings in employer rates, however extending the amortization period will result in additional employer payments of $4.1 billion over the additional ten years.

Bill Sponsor: Donald "Don" LeBrun

Bill Co Sponsor: Click the "Link to Full Bill" for information

Next Hearing Date: Tue, 01/24/2017

Next Voting Date: Wed, 01/03/2018

Bill Status

Killed in the House

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