For Immediate Release: April 27, 2020
Contact: [email protected]
CONCORD, NH – The New Hampshire Retirement System (NHRS, the retirement system) has received inquiries from teacher members, school districts, and SAUs regarding the COVID-19-related adjustments to school calendars resulting in the last day of classes being moved up, in some cases as early as May 29, and whether these adjustments impact retirement dates for teachers.
NHRS has determined that teachers working under 10-month contracts (Sept. 1-June 30) remain eligible to retire July 1, regardless of whether classes end prior to June 1.
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NHRS provides retirement, disability, and death benefits to its eligible members and their beneficiaries. The State of New Hampshire and more than 460 local government employers participate in NHRS for their employees, teachers, firefighters, and police officers. NHRS has approximately 48,000 active members and 38,000 benefit recipients. NHRS administers a defined benefit plan qualified as a tax-exempt entity under sections 401(a) and 501(a) of the Internal Revenue Code.