N.H. Rev. Stat. § 100-A:19-c

Current through the 2024 Legislative Session

Section 100-A:19-c - Service Retirement

Notwithstanding the retirement age requirements set forth in RSA 100-A:5, any member of the retirement system who has creditable service in both group I and group II, and who has attained the minimum age set forth in RSA 100-A:19-b, may retire on a service retirement allowance upon application as provided in RSA 100-A:5, I(a) or II(a). The split-benefit retirement allowance shall be determined as the sum of the retirement allowances with respect to service in each group classification computed as follows:

I. The average final compensation shall be as defined in RSA 100-A:1, XVIII, computed on the basis of the entire period of service in both classifications.

II. The group I portion of the retirement allowance shall be as provided in RSA 100-A:5, I(b), based on the number of years of creditable service in group I.

III. The group II portion of the retirement allowance shall be as provided in RSA 100-A:5, II(b), based on the number of years of creditable service in group II.

RSA 100-A:19-c

1988, 161:6, eff. July 1, 1988.