Category: Economy, Budget and Taxes
HB 425 (2017)
House/Senate Bill: House
Description: Requires the New Hampshire Retirement System to use the assumed rate of return of 7.75% when calculating employer contribution rates for the next two fiscal years. The current assumed rate of return is 7.25%.
Bill Sponsor: Mariellen MacKay
Bill Co Sponsor: Click the "Link to Full Bill" for information
Next Hearing Date: Tue, 01/24/2017
Next Voting Date: Thu, 02/02/2017