New Hampshire Retirement System
Government Administration, 54 Regional Drive, Concord, , 3301, New Hampshire, United States, 51-200 Employees
Phone Number: 60********
Who is NEW HAMPSHIRE RETIREMENT SYSTEM
The New Hampshire Retirement System (NHRS, the retirement system) was established in 1967 as a contributory, public employee defined benefit pension plan qualified under section 401(a) of...
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- Headquarters: 54 Regional Drive, Concord, New Hampshire, 3301, United States
- Date Founded: 1967
- Employees: 51-200
- Revenue: $10 Million to $25 Million
- Active Tech Stack: See technologies
Industry: Government Administration
SIC Code: 6371 | NAICS Code: 523940 | Show More
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Frequently Asked Questions Regarding New Hampshire Retirement System
Answer: New Hampshire Retirement System's headquarters are located at 54 Regional Drive, Concord, , 3301, New Hampshire, United States
Answer: New Hampshire Retirement System's phone number is 60********
Answer: New Hampshire Retirement System's official website is https://nhrs.org
Answer: New Hampshire Retirement System's revenue is $10 Million to $25 Million
Answer: New Hampshire Retirement System's SIC: 6371
Answer: New Hampshire Retirement System's NAICS: 523940
Answer: New Hampshire Retirement System has 51-200 employees
Answer: New Hampshire Retirement System is in Government Administration
Answer: New Hampshire Retirement System contact info: Phone number: 60******** Website: https://nhrs.org
Answer: The New Hampshire Retirement System (NHRS, the retirement system) was established in 1967 as a contributory, public employee defined benefit pension plan qualified under section 401(a) of the Internal Revenue Code (Code) and funded through a trust which is exempt from tax under Code section 501(a). The plan provides lifetime pension benefits that are determined at retirement under formulas prescribed by law; the pension benefit is not based on investment returns or contributions. The retirement system provides Service, Early Service, Disability, and Vested Deferred Retirement benefits, as well as pre- and post-retirement death benefits. It also provides a post-retirement Medical Subsidy to eligible members and beneficiaries. Benefit formulas and eligibility requirements are set by state law (RSA 100-A). The retirement system is also governed by administrative rules, policies adopted by the NHRS Board of Trustees, and the Internal Revenue Code. NHRS benefits are funded by member contributions, employer contributions, and net investment returns. Investment returns have historically provided the bulk of funding for pension benefits.
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