Section 100-A:6-a Maximum Retirement Benefit. - New Hampshire Statutes

Notwithstanding any other provision of this chapter to the contrary, for members who commenced service before July 1, 2009, a member's initial calculation of the retirement benefit granted under the provisions of RSA 100-A:5 or RSA 100-A:6 shall not exceed 100 percent of the member's highest year of earnable compensation. For members who commenced service on or after July 1, 2009, a member's maximum retirement benefit granted under the provisions of RSA 100-A:5 or RSA 100-A:6 shall not exceed $120,000. Nothing in this section shall affect the ability of a member to receive disability benefits pursuant to RSA 100-A:6, II(b) and (c). This provision shall not limit the application of supplemental allowances under RSA 100-A:41-a.

Source. 2007, 268:2, eff. June 30, 2007. 2008, 300:14, eff. July 1, 2009.