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 311 - EMPLOYER WITHDRAWAL
Section Ret 311.01 - Definitions
Universal Citation: NH Admin Rules Ret 311.01
Current through Register No. 40, October 3, 2024
(a) "Employer" means a political subdivision that employs group I employees, or a charter school that employs teachers, for whom membership in NHRS is optional.
(b) "Retained participant" means a member when the employer's request to withdraw is filed who elects to leave his or her accumulated contributions in the NHRS.
(c) "Service with an employer" means all service credited to the employees through the date of withdrawal for whom the employer was the last contributing employer prior to the date of withdrawal.
(d) "Date of withdrawal" means the effective date of the employer's withdrawal, as determined by the board of trustees.
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