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 307 - SERVICE CREDITS
Section Ret 307.02 - Eligibility to Receive Service Credit

(a) To be eligible to receive service credit a member shall meet the standards for active membership in the NHRS set forth in RSA 100-A and the participation standards in Ret 302.05.

(b) An active member's service credit shall be accrued on a per month basis.

(c) The requirements for an active member to receive service credit for a particular month shall be as set forth in (d) through (j) below.

(d) The member's employer shall both report to the NHRS the full amount of the member's earnable compensation and remit to the NHRS the full amount of all employer and member contributions due on the member's earnable compensation in accordance with RSA 100-A:16 and Ret 307.06.

(e) Upon becoming eligible to enroll in the NHRS, a member shall receive service credit for the first month of service in which the member has earnable compensation attributable to the member's service during that month.

(f) To receive service credit for the member's second month of service, the member shall, for that month, have earnable compensation attributable to the member's service during that month that is equal to at least 1/24 of the member's base annual compensation reported by the member's employer on the member's "Member Information/Enrollment Form" (NHRS Form D NHRS 1 Rev. 12/2015).

(g) To receive service credit for subsequent months of service, with the exception of the month in which the member's employment is terminated, the member shall, for the month for which service credit is sought, have attributable earnable compensation that is at least equal to 50% of the member's average monthly earnable compensation over the member's previous 6 months of credited service. If, however, the member has less than 6 months total credited service, a member shall receive service credit only if the member's earnable compensation attributable to the month for which service is sought is at least 50% of the member's average monthly earnable compensation from the member's second month of credited service onward.

(h) Notwithstanding the requirements of (f) and (g) above, a member shall receive service credit for any month of service in which the member receives earnable compensation for at least 50% of the regularly required work days for that position.

(i) To receive credit for service in the month in which the member's employment is terminated, the member shall have received earnable compensation for at least 50% of the regularly required work days for that position, regardless of the amount of the member's earnable compensation attributable to that month.

(j) In accordance with RSA 100-A:16, I(a), a group II member shall not receive creditable service in excess of 40 years.