New Hampshire Retirement
The New Hampshire Retirement System (NHRS) is the public employee pension plan for school district Employers in New Hampshire. 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 retirement, early retirement, disability retirement, and vested deferred retirement benefits, as well as pre- and post-retirement death benefits.
Currently, NHRS Group I Employees (both teachers and hourly employees) contribute 7% of their gross pay into the system. To be eligible to enroll in NHRS, a teacher must work 30 hours or more a week (contracted at 80% FTE or greater); an hourly employee must work at least 35 hours/week on a regular basis in a benefits eligible position.
ENROLLMENT FORMS - To enroll in NHRS, please complete an NHRS Member Information/Enrollment Form. Complete Sections A and C only and return to the SAU 29 HR office, along with required copies of your birth certificate and social security card. New members should also complete the "Designation of Death Beneficiaries Pre-Retirement" or the "Death Benefits Designation of a Trust as Beneficiary". Please note that the Death Beneficiary forms must be notarized. If you'd like someone in Human Resources to notarize the form, do not sign or date it until you are in front of a notary public.
Currently, NHRS Group I Employees (both teachers and hourly employees) contribute 7% of their gross pay into the system. To be eligible to enroll in NHRS, a teacher must work 30 hours or more a week (contracted at 80% FTE or greater); an hourly employee must work at least 35 hours/week on a regular basis in a benefits eligible position.
ENROLLMENT FORMS - To enroll in NHRS, please complete an NHRS Member Information/Enrollment Form. Complete Sections A and C only and return to the SAU 29 HR office, along with required copies of your birth certificate and social security card. New members should also complete the "Designation of Death Beneficiaries Pre-Retirement" or the "Death Benefits Designation of a Trust as Beneficiary". Please note that the Death Beneficiary forms must be notarized. If you'd like someone in Human Resources to notarize the form, do not sign or date it until you are in front of a notary public.