Tag Archives: Pensions

New Hampshire lawmakers narrowly reject 2nd effort to have state taxpayers contribute to local pensions

An effort to resurrect a bill that would put the state of New Hampshire on the hook for $171 million in local government employee pension contributions over the next four years was defeated by a single vote in the state’s … Continue reading

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Tales from the BudComm, sorta sideways, – Government Worker Pension plan

This snippet from the UL caught my eye as we on the BudComm saw (and heard) that retirement costs are skyrocketing from almost every department head lamenting its impact on their budgets, especially as the State broke its “promise” to help local … Continue reading

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GST Opposes HB 413 Pension Cost Shift

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 … Continue reading

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Congressional Dems propose taxpayer-funded private pension bailout

Congressional Democrats want a federal bailout of private sector pensions. An expert thinks that states like Michigan, New Hampshire and Illinois, with a combined hundreds of billions of dollars in public pension debt, would try to be next in line, … Continue reading

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Senate retains bill to penalize ‘double-dipping’

CONCORD — A bill that sought to penalize municipalities for hiring so-called double-dippers was retained by the state Senate but its goal is expected to be revisited by the Decennial Retirement Commission, which meets next month. By statute, the commission … Continue reading

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