New Hampshire Code of Administrative Rules
Ret - Board of Trustees of the N.H. Retirement System
Chapter Ret 300 - PARTICIPATION IN THE RETIREMENT SYSTEM
Part Ret 302 - MEMBERSHIP
Section Ret 302.05 - Participation Standards - Group I State and Political Subdivision Employees
Current through Register No. 40, October 3, 2024
(a) The purpose of Ret 302.05 is to establish standards for determining which group I employees must be enrolled in NHRS, which employees cannot be enrolled, and which employees for whom enrollment is optional.
(b) Membership shall be compulsory for all group I state employees and all group I political subdivision employees employed by a participating employer except those employees for whom membership is optional pursuant to RSA 100-A:3, subject to the following additional requirements:
(c) Any group I member whose hourly work status is subsequently reduced to a level below the minimum participation standards established in (b) shall be ineligible to make membership contributions. Any such member shall not be entitled to receive a refund of accumulated contributions pursuant to RSA 100-A:11 unless he or she has attained normal retirement age.
(d) Any former member who subsequently meets the minimum participation standards provided in (b) and who received a return of accumulated contributions pursuant to paragraph (c) may restore full service credit by reinstating the funds in accordance with RSA 100-A:3, VI(a).
(e) Any member who was a group I member of the NHRS on 1/21/1988 and whose membership eligibility was determined by a rule in effect prior to 1/21/1988, shall continue membership in NHRS. Any group I member who continues membership as provided for in this section, whose hourly work status is subsequently reduced to a level below the minimum participation standards established in (b) shall be ineligible to make membership contributions during such period of employment at reduced hours. Any such member who subsequently meets the minimum participation standards provided in (b) shall resume making membership contributions.
#4363, eff 1-21-88, EXPIRED: 1-21-94
New. #7375, INTERIM, eff 10-13-00, EXPIRES: 4-11-01; ss by #7478, eff 4-10-01; ss by #7573, eff 10-10-01; ss by #9414, eff 3-12-09; ss by #9562, eff 10-14-09