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HB 50 (2023)

Pay down unfunded liability in retirement system

Summary:

Requires the state to pay 7.5% of retirement system contributions for teachers, police, and firefighters. The House rewrote the bill to instead send $50 million to pay down the unfunded accrued liability in the New Hampshire retirement system.

Bill Sponsor:
Michael "Mike" Edgar
Democratic party logo
Bill Became Law?:
No
Status:
HOUSE
Status Detail:
Tabled in the House
Public Hearing Date:
01/26/2023 02:00 pm
Public Hearing Location:
LOB Room 210-211
House Voting Date:
03/22/2023
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