New HampshireState would have paid part of local workers' retirement costs
Under this rejected proposal, New Hampshire would have paid part of certain local and county employers' retirement costs for teachers and Group II workers, without setting aside money.
What it does
Starting in state fiscal year 2026, the state would have paid 7.5% of retirement contributions for covered nonstate employers of teachers and Group II workers. The proposal set aside no money for this cost.
Argument forLocal and county employers could have had more room in their budgets because the state would have paid part of their retirement costs.
Argument againstThe state could have faced about $28 million in added costs in fiscal year 2026, with no money set aside to cover them.
More detail
The state would have paid 7.5% of covered retirement contributions, while employers other than the state would have paid 92.5%. The split covered contributions for teachers in retirement Group I and workers in Group II, such as police officers and firefighters, when their employer was not the state. The proposal set aside no money to cover the state's costs. The proposal listed July 1, 2025, as its effective date and state fiscal year 2026 as the first year for the payment split.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jan 7Inexpedient to Legislate: MA RC 172-159 01/07/2026 HJ 1 P. 178Latest
- Vote recorded ITL. Result: pass.Lower
- Jan 7Inexpedient to Legislate: MA RC 172-159 01/07/2026 HJ 1 P. 178Latest
- 2025
- Nov 17Minority Committee Report: Ought to Pass with Amendment # 2025-2976h
- Nov 17Majority Committee Report: Inexpedient to Legislate 10/30/2025 (Vote 14-11; RC) HC 51 P. 34Minor
- Oct 14Executive Session: 10/30/2025 10:00 am GP 230
- Sep 18Division I Work Session: 10/02/2025 01:00 pm GP 230
- Mar 4Retained in Committee
- Feb 12Executive Session: 02/18/2025 10:00 am LOB 210-211
- Jan 24Division I Work Session: 02/05/2025 10:15 am LOB 212
- Jan 15Public Hearing: 01/23/2025 10:00 am LOB 210-211
- Jan 8Vacated and Referred to Finance (Rep. C. McGuire): MA VV 01/08/2025 HJ 2Minor
- Jan 7Introduced 01/08/2025 and referred to Executive Departments and Administration HJ 2 P. 10Introduced
Government & EthicsTaxes & Budget