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
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
Posted in Budgets, Debt/Spending, GraniteGrok, Local NH Politics
Tagged Budget Committee, Pensions
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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
Posted in Debt/Spending, taxes, Unions
Tagged Granite State Taxpayers, HB 413, Pensions
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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
Posted in Debt/Spending, Unions
Tagged Bailout, Congress, Pensions, Public Sector, Unions
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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
Posted in Local NH Politics, New Hampshire News
Tagged Double-Dipping, HB 561, Pensions, SeacoastOnline
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The New Media Militia 