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HB 1170 - AS INTRODUCED
2026 SESSION
26-2472
06/05
HOUSE BILL
1170
AN ACT
relative to stipends for retired group II members of the state retirement system.
SPONSORS: Rep. Trottier, Belk. 8; Rep. Bordes, Belk. 5
COMMITTEE: Executive Departments and Administration
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ANALYSIS
This bill provides a supplemental retirement allowance to certain group II retirees and their beneficiaries, funded by the state general fund and added permanently to their base annuity, and makes an appropriation therefor.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
26-2472
06/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty-Six
AN ACT
relative to stipends for retired group II members of the state retirement system.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Supplemental Allowance; Certain Group II Members. Amend RSA 100-A by inserting after section 41-e the following new section:
100-A:41-f Supplemental Allowance; Group II.
I.(a) Any retired group II member of the New Hampshire retirement system or any of its predecessor systems, who has been retired for at least 120 months but not more than 239 months prior to or on July 1, 2025, or any beneficiary or such member who is receiving an allowance, shall be entitled to receive a supplemental allowance. The amount of such supplemental allowance shall be the result of the calculation of $500 times every year the member has been retired following the member’s eligibility date.
(b) Any retired group II member of the New Hampshire retirement system or any of its predecessor systems, who has been retired for at least 240 months, prior to or on July 1, 2025 or any beneficiary of such member who is receiving an allowance, shall be entitled to receive a supplemental allowance. The amount of the supplemental allowance shall be $5000.
II. The total cost of the supplemental allowance in paragraph I, as determined by the actuary and certified by the board of trustees of the retirement system, shall be funded from the state general fund. The governor is authorized to draw a warrant for said sum out of any money in the treasury not otherwise appropriated.
III. The supplemental allowance shall become a permanent addition to the beneficiary's base retirement allowance and shall be included in the monthly annuity paid to the retired member, or to the member’s beneficiary if the member is deceased and the beneficiary is receiving an allowance for the group II under RSA 100-A:8, 100-A:9, 100-A:12, 100–A:13, or similar provisions of predecessor systems.
IV. The payment of the supplemental allowance under this section shall be made by the retirement system as soon as administratively practicable after the effective date of this section, but not later than January 1, 2027.
2 Effective Date. This act shall take effect June 30, 2026.
LBA
26-2472
1/14/26
HB 1170-
FISCAL NOTE
AS INTRODUCED
AN ACT
relative to stipends for retired group II members of the state retirement system.
FISCAL IMPACT:
Estimated State Impact
FY 2026
FY 2027
FY 2028
FY 2029
Revenue
$0
$0
$0
$0
Revenue Fund(s)
None
Expenditures*
$0
$269,600,000
$0
$0
Funding Source(s)
General Fund
Appropriations*
$0
$269,600,000
$0
$0
Funding Source(s)
General Fund
*Expenditure = Cost of bill *Appropriation = Authorized funding to cover cost of bill
METHODOLOGY:
This bill proposed a permanent supplemental allowance to certain Group II NHRS retirees and beneficiaries. Those retired for at least 120 months but fewer than 240 months as of July 1, 2025, would receive $500 per year retired. Those retired 240 months or more would receive $5,000. Additionally, this supplemental amount will be permanently added to the retired member’s or beneficiary's base retirement allowance and shall be included in the monthly annuity paid to the retired member or beneficiary funded by general funds. The bill contains language to allow the governor to draw general funds to fund the total cost of this supplemental allowance.
The New Hampshire Retirement System (NHRS) estimates a cost of $269.6 million in FY 2027, including $191.5 million for Police and $78.1 million for Fire, based on actuarial valuations. There is no impact on employer contributions or the unfunded actuarial accrued liability (UAAL), though some administrative costs for system reprogramming and implementation are anticipated.
AGENCIES CONTACTED:
New Hampshire Retirement System