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 311.03 - Employee Rights Upon Withdrawal
Universal Citation: NH Admin Rules Ret 311.03
Current through Register No. 40, October 3, 2024
(a) Upon withdrawal, an officer or employee of the withdrawing employer may submit to the NHRS a written request for the return of his or her member contributions which shall be credited with accumulated interest to the date of the employer's withdrawal.
(b) An officer or employee who leaves his or her contributions in the NHRS shall receive interest on them in accordance with RSA 100-A:11, I(a).
(c) For purposes of determining the 30-day time period in RSA 100-A:11, an officer or employee of a withdrawn employer shall be deemed to have ceased being an employee or teacher as of the date of the withdrawal.
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