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 303 - CONTRIBUTIONS
Section Ret 303.02 - Refund of Accumulated Contributions

Universal Citation: NH Admin Rules Ret 303.02

Current through Register No. 40, October 3, 2024

(a) In accordance with RSA 100-A:11, II(a) no application for refund of accumulated contributions shall be processed until a group II member ceases to be a permanent policeman or a permanent fireman and has attained normal retirement age. To facilitate the return of accumulated contributions, the initial refund shall be equal to the funds on deposit with the NHRS on said cessation. If additional contributions are received subsequent to the initial refund payment, they shall be refunded within 30 days after the final deduction is received by the NHRS.

(b) In accordance with RSA 100-A:11, I(a) no application for refund of accumulated contributions from a group I member of the NHRS shall be accepted until 30 days after termination of employment. To facilitate the return of accumulated contributions, the initial refund shall be equal to the funds on deposit with the NHRS on said date of termination. Such additional funds received subsequent to the initial refund payment shall be refunded within 30 days after the final deduction is received by the NHRS.

#1953, eff 2-9-82 (rule Ret 304.1); ss by #2740, eff 6-11-84; ss by #2980, eff 2-21-85 EXPIRED 2-21-91

New. #5225, eff 9-18-91, EXPIRED: 9-18-97

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 #9562, eff 10-14-09

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