New Hampshire Revised Statutes 100-A:43-a – Withdrawal Procedure
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The withdrawal authorized by N.H. Rev. Stat. § 100-A:43 may occur upon the following conditions:
I. That
3/4 of the officers and employees of said employer who are members of the retirement system and who are eligible under the provisions of N.H. Rev. Stat. § 100-A:10 for a vested deferred retirement allowance vote to withdraw, such vote being advisory only; and
II. If the governing body shall elect to withdraw as a participating employer and further, that the governing body submits written notice of the employee vote and the request to withdraw to the board of trustees of the New Hampshire retirement system.
I. That
Terms Used In New Hampshire Revised Statutes 100-A:43-a
- board: shall mean the board provided for in N. See New Hampshire Revised Statutes 100-A:1
- Employee: shall mean any regular classified, nonclassified, or unclassified officer or employee of the state or any department, commission, institution or agency of the state government by which an employee is paid through the office of the state treasurer, or employees of the general court who work on a full-time basis and are eligible for other state benefits, but whose salary is calculated on a per diem basis, or any employee of the retirement system, or any full-time employee of the community college system of New Hampshire who is an active retirement system member or who elects membership in the retirement system, or of any of the groups authorized to participate under this chapter but excluding any person who is a teacher, permanent policeman, or permanent fireman as defined in this section, or who is a member or attache of the general court or member of the executive council. See New Hampshire Revised Statutes 100-A:1
- Employer: shall mean (a) the state or any department, commission, institution, or agency of the state government by which an employee is paid through the office of the state treasurer with respect to their employees, (b) the state, the local school district, or other employers of teachers eligible for membership in the system with respect to the teachers in their employ, (c) any police department or police force of the state, or of any county, city, town, village, or precinct in the state with respect to the permanent policemen in their employ, (d) any fire department of the state, or of any county, city, town, village, or precinct in the state with respect to the permanent firemen in their employ, (e) any political subdivision that has elected to participate under N. See New Hampshire Revised Statutes 100-A:1
- following: when used by way of reference to any section of these laws, shall mean the section next preceding or following that in which such reference is made, unless some other is expressly designated. See New Hampshire Revised Statutes 21:13
- governing body: shall mean the board of selectmen in a town, the board of aldermen or council in a city or town with a town council, the school board in a school district or the village district commissioners in a village district, or when used to refer to unincorporated towns or unorganized places, or both, the county commissioners. See New Hampshire Revised Statutes 21:48
- Retirement: shall mean withdrawal from active service with a retirement allowance granted under the provisions hereof. See New Hampshire Revised Statutes 100-A:1
- Retirement allowance: shall mean the sum of the member annuity and the state annuity. See New Hampshire Revised Statutes 100-A:1
- Retirement system: shall mean the New Hampshire Retirement System as defined in N. See New Hampshire Revised Statutes 100-A:1
3/4 of the officers and employees of said employer who are members of the retirement system and who are eligible under the provisions of N.H. Rev. Stat. § 100-A:10 for a vested deferred retirement allowance vote to withdraw, such vote being advisory only; and
II. If the governing body shall elect to withdraw as a participating employer and further, that the governing body submits written notice of the employee vote and the request to withdraw to the board of trustees of the New Hampshire retirement system.