N.H. Admin. Code § Ret 310.05

Current through Register No. 50, December 12, 2024
Section Ret 310.05 - Return of Member and Employer Contributions

Member contributions previously paid for by the employer or made by the member which relate to earnable compensation, exclusive of the grandfathered amount, and which were not used in the calculation of the member's benefits solely because of the earnable compensation cap, shall be returned to the member. Interest on such returned contributions shall be payable in accordance with the interest rate set by the NHRS's board of trustees in accordance with RSA 100-A:16, II(g). Those related contributions paid by the member's employer shall be returned to the employer.

N.H. Admin. Code § Ret 310.05

#7573, eff 10-10-01, EXPIRED: 10-10-09

New. #9562, eff 10-14-09

Amended by Volume XXXVIII Number 19, Filed May 10, 2018, Proposed by #12511, Effective 4/11/2018, Expires 10/8/2028.
Amended by Volume XXXIX Number 06, Filed February 7, 2019, Proposed by #12707, Effective 1/9/2019, Expires 1/9/2029.