As of June 30, 2017, NHRS had approximately 48,000 active members and approximately 36,000 retirees or beneficiaries collecting a pension.
(meta data) TITLE:  Trust Fund News|Meetings & Events|Contact|Social Media|Forms|FAQs|DRS Quicklink| Text Size A My Account Login Need an account? Sign up here Advanced Search My Account My Account Login Sign Up for My Account Quick Links Meetings & Events Contact Us ERS Quicklink Plan Details Membership Eligibility Filing for Benefits Service Credit Earnable Compensation Average Final Compensation New NHRS Member Mid-Career Members Members Approaching Retirement Member Statements Terminating Employment Prior to Retirement Refund/Rollover Working After Retirement Health Insurance After Retirement Medical Subsidy Divorce/QDRO Additional Contributions Required Minimum Distribution Service Retirement G. I Hired Prior to 7/1/11 G. I Hired On/After 7/1/11 G. II Vested 1/1/12 G. II Non-Vested 1/1/12 G. II Hired On/After 7/1/11 Early Service Retirement G. I Hired Prior to 7/1/11 G. I Hired On/After 7/1/11 G. II Hired On/After 7/1/11 Vested Deferred Retirement G. I Hired Prior to 7/1/11 G. I Hired On/After 7/1/11 G. II Vested 1/1/12 G. II Non-Vested 1/1/12 G. II Hired On/After 7/1/11 Disability Retirement Split Benefits Medical Subsidy Pre-retirement Death Benefits Benefit Payment Options Member Forms Unclaimed Contributions Member News Blog The Bigger Picture Financial Literacy Social Security Supplemental retirement savings Financial & investment advice Health insurance/Medicare Protecting against scams Retiree Resources Plan Details Benefit Payments Health Insurance After Retirement Medical Subsidy Benefit Payment Options Tax Information Divorce/QDRO New NHRS Retiree Working After Retirement Returning to NHRS Service Retiree Forms Retirement Connection Blog The Bigger Picture Employer Resources DRS Quicklink Employer News Blog NHRS Contacts Employer Reporting for Beginners HR/Personnel Resources Earnable Compensation Employer Forms Laws & Administrative Rules Statutory Interpretive Guidance Employer Contribution Rates Membership Eligibility GASB Reporting GASB Reports Tax Sheltering Reporting and Payment Penalties Employer Contribution Rates Employer Forms Employer News Blog Funding & Investments Trust Fund Quarterly Investment Update Independent Investment Committee Meeting Minutes Reports & Valuations Annual Report Archive GASB Reports About NHRS Contact Us & Directions Board of Trustees Meeting Minutes Strategic Planning Mission, Vision & Values Goals & Objectives Strategic Plan Priorities Legislative Updates 2018 Legislation 2017 Legislation 2016 Legislation 2015 Legislation 2014 Legislation How to Track Legislation Now You Know Reports & Valuations Laws & Administrative Rules Employment Application RFP-RFI # Trust Fund The net assets of the retirement system were valued at $8.87 billion as of June 30, 2018. Funding for NHRS pension benefits is derived from member contributions, employer contributions and trust fund assets. Investment returns have historically provided the bulk of funding for pension benefits. Article 36-a of the New Hampshire Constitution prescribes that retirement system funds are to be used for the "exclusive purpose of providing for such (retirement and related benefits) and shall not be encumbered for, or diverted to, any other purposes." #### 10-year History of Net Position Held in Trust for Benefits (in millions) NHRS was 63.6 percent funded at the close of the fiscal year. This means that the actuarial value of the retirement system's assets is 63.6 percent of the projected amount needed to pay for current and accrued benefits for retirees and active members. Additional background on NHRS funding and liabilities is available in the "NHRS … Now You Know" section. #### 10-year History of Funded Ratio Note: Funded ratio impacted by changes to actuarial assumptions in 2011 and 2016. NHRS paid out $741.8 million in pension benefits to 37,012 retirees or their beneficiaries in fiscal year 2018. In addition to pension benefits, NHRS paid out $49.3 million in post-retirement Medical Subsidy allowances. ### Financial Accounting Data The NHRS Comprehensive Annual Financial Report (CAFR) includes financial accounting data required under Governmental Accounting Standards Board (GASB) statements No. 67, which deals with financial reporting for pension plans, and No. 74, which deals with financial reporting of OPEB benefits (i.e. the Medical Subsidy). This information is for accounting purposes only and does not impact employer contribution rates or the statutory funding plan in place to pay down the NHRS unfunded liability. For additional information on GASB reporting, see: https://www.nhrs.org/employers/gasb
train17173
New Hampshire Retirement System
Membership.
NHRS members are full-time state, county, and municipal employees, teachers, police officers, and firefighters. Membership consists of two groups: Group I (Employee & Teacher) and Group II (Police & Fire). 
