Bill Text: NH HB464 | 2011 | Regular Session | Chaptered
Bill Title: Requiring the transfer of certain retirement system group II special account funds to the state annuity accumulation fund.
Spectrum: Partisan Bill (Republican 5-0)
Status: (Passed) 2011-05-11 - House Signed by Governor 05/11/2011; Effective 05/11/2011; Chapter 0060 [HB464 Detail]
Download: New_Hampshire-2011-HB464-Chaptered.html
CHAPTER 60
HB 464-FN – FINAL VERSION
04/13/11 1370s
2011 SESSION
10/09
HOUSE BILL 464-FN
AN ACT requiring the transfer of certain retirement system group II special account funds to the state annuity accumulation fund.
SPONSORS: Rep. Hawkins, Hills 18; Rep. Reagan, Rock 1; Rep. Kurk, Hills 7; Sen. Bradley, Dist 3; Sen. White, Dist 9
COMMITTEE: Special Committee on Public Employee Pensions Reform
This bill requires the state retirement system to transfer $89,000,000 from the group II special account to the state annuity accumulation fund.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
04/13/11 1370s
11-0368
10/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eleven
AN ACT requiring the transfer of certain retirement system group II special account funds to the state annuity accumulation fund.
Be it Enacted by the Senate and House of Representatives in General Court convened:
60:1 Transfer Required; Retirement System. The board of trustees of the retirement system shall forthwith transfer the sum of $89,000,000 from the group II components of the special account established under RSA 100-A:16, II(h) to the state annuity accumulation fund.
60:2 Effective Date. This act shall take effect upon its passage.
Approved: May 11, 2011
Effective Date: May 11, 2011