New Hampshire Retirement System
Encyclopedia
The New Hampshire
Retirement System is the pension system of that United States state for its public employees. It is required by Article 36 of the New Hampshire State Constitution http://www.nh.gov/constitution/constitution.html. It consists of 51,000 state employees, divided into Group I or "Non-Emergency Personnel" such as teacher
s and clerks and Group II or "Emergency Personnel" such as firefighters and police
.
Currently, the head of the System is Edward Theobald of Portsmouth, New Hampshire
. The Governor, John Lynch, has said he will not reappoint him due to allegations of conflict of interest
.http://www.nashuatelegraph.com/apps/pbcs.dll/article?AID=/20050804/NEWS01/108040046/-1/YOUTH
New Hampshire
New Hampshire is a state in the New England region of the northeastern United States of America. The state was named after the southern English county of Hampshire. It is bordered by Massachusetts to the south, Vermont to the west, Maine and the Atlantic Ocean to the east, and the Canadian...
Retirement System is the pension system of that United States state for its public employees. It is required by Article 36 of the New Hampshire State Constitution http://www.nh.gov/constitution/constitution.html. It consists of 51,000 state employees, divided into Group I or "Non-Emergency Personnel" such as teacher
Teacher
A teacher or schoolteacher is a person who provides education for pupils and students . The role of teacher is often formal and ongoing, carried out at a school or other place of formal education. In many countries, a person who wishes to become a teacher must first obtain specified professional...
s and clerks and Group II or "Emergency Personnel" such as firefighters and police
Police
The police is a personification of the state designated to put in practice the enforced law, protect property and reduce civil disorder in civilian matters. Their powers include the legitimized use of force...
.
Currently, the head of the System is Edward Theobald of Portsmouth, New Hampshire
Portsmouth, New Hampshire
Portsmouth is a city in Rockingham County, New Hampshire in the United States. It is the largest city but only the fourth-largest community in the county, with a population of 21,233 at the 2010 census...
. The Governor, John Lynch, has said he will not reappoint him due to allegations of conflict of interest
Conflict of interest
A conflict of interest occurs when an individual or organization is involved in multiple interests, one of which could possibly corrupt the motivation for an act in the other....
.http://www.nashuatelegraph.com/apps/pbcs.dll/article?AID=/20050804/NEWS01/108040046/-1/YOUTH
External links
- NH State Retirement System website
- NH Retirement System Avoids Costly Funding Scheme (New Hampshire Public Radio)