GST Opposes Having the State Pay for Local County and Town Employee Pension Costs.
HB413 would require the State to pay 15 percent of the normal and accrued liability contributions of political subdivision retirement system employers for group I teachers and group II (police and fire) members.
The remaining 85 percent will be paid by the political subdivision employers of those employees.
Those political subdivision employers pay 100 percent of such contributions under current law. | Keep Reading at Granite State Taxpayers