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 304 - CONTRIBUTION ADJUSTMENT, EARNABLE COMPENSATION ADJUSTMENT AND SERVICE ADJUSTMENT
Section Ret 304.03 - Notices and Petitions - Procedures

Universal Citation: NH Admin Rules Ret 304.03

Current through Register No. 40, October 3, 2024

(a) The contribution and earnable adjustment process shall be initiated by the NHRS's issuance of a notice of contribution and earnable compensation adjustment to a member, beneficiary, or employer, or by the filing by a member or employer of a timely petition for contribution and earnable compensation adjustment that meets the requirements of Ret 200.

(b) The service adjustment process shall be initiated by the NHRS's issuance of a notice of service adjustment to a member, beneficiary, or employer or by the filing, by a member or employer, of a timely petition for service adjustment that meets the requirements of Ret 200.

(c) The notice of contribution and earnable compensation adjustment shall set forth the information in Ret 304.04 after discovery by the NHRS through an audit or other means of:

(1) An employer's failure to remit the appropriate member or employer contributions or any portion thereof required to be paid in accordance with RSA 100-A:16, I(a) and RSA 100-A:16, III(c), respectively;

(2) An employer's remittance of member or employer contributions, or any portion thereof, with respect to compensation that is not earnable compensation; or

(3) An employer's remittance of member or employer contributions for a time period in which the member was not eligible to participate as an active member.

#7478, eff 4-10-01; ss by #7573, eff 10-10-01, EXPIRED: 10-10-09

New. #9562, eff 10-14-09; ss by #10111, eff 4-11-12

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