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 310 - CALCULATION OF COMPENSATION FOR DETERMINATION OF BENEFITS
Section Ret 310.05 - Return of Member and Employer Contributions
Universal Citation: NH Admin Rules Ret 310.05
Current through Register No. 40, October 3, 2024
Member contributions previously paid for by the employer or made by the member which relate to earnable compensation, exclusive of the grandfathered amount, and which were not used in the calculation of the member's benefits solely because of the earnable compensation cap, shall be returned to the member. Interest on such returned contributions shall be payable in accordance with the interest rate set by the NHRS's board of trustees in accordance with RSA 100-A:16, II(g). Those related contributions paid by the member's employer shall be returned to the employer.
#7573, eff 10-10-01, EXPIRED: 10-10-09
New. #9562, eff 10-14-09
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