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 304.07 - Abatement of Interest Penalties
Current through Register No. 40, October 3, 2024
(a) The executive director or designee shall not abate interest penalties assessed against an employer pursuant to Ret 304.06 of $100.00 or less except upon a showing that the employer had not willfully, intentionally, through gross negligence, or through a pattern of negligence failed to remit contributions.
(b) The board of trustees or its designee shall not abate interest penalties of more than $100.00 except upon a showing that the employer had not willfully, intentionally, through gross negligence, or through a pattern of negligence failed to remit contributions.
#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
