Bill > HB534

This bill modifies the calculation of average final compensation in the New Hampshire Retirement System by excluding supplemental pay received by a member while they are on workers' compensation from the calculation of compensation percentages. Specifically, the bill adds a new provision to the existing law that states any periods during which an employee receives supplemental pay from their employer while simultaneously receiving workers' compensation benefits will be disregarded when determining the average percentage of compensation paid above the full base rate. This change appears to protect employees from having their retirement benefits potentially reduced due to supplemental income received during a workers' compensation period. The bill will take effect 60 days after its passage, and while a complete fiscal impact assessment is pending, the bill was introduced with the intent of clarifying and potentially improving retirement benefit calculations for workers who experience temporary disability or work-related injury.

Government Affairs

https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=872&sy=2025&sortoption=&txtsessionyear=2025&txtbillnumber=HB534