Section Ret 304.01 - PurposeThe purpose of Ret 304 is to establish:
(a) A contribution adjustment procedure, in accordance with RSA 100-A:16, by which NHRS can: (1) Calculate and assess against a participating employer or member payments of unpaid employer or member contributions due to the NHRS;(2) Refund employer or member contributions that have been paid with respect to compensation which is not earnable compensation, and(3) Remove, add, or withhold, as appropriate, a member's earnable compensation credit;(b) A service adjustment procedure by which the NHRS, pursuant to RSA 100-A:4, can remove, add, or withhold service credit in accordance with any assessment or refund made pursuant to (a) or in the event that a member otherwise has been incorrectly granted service credit;(c) A related procedure whereby a member, beneficiary, or employer may petition the NHRS to request that a contribution adjustment, earnable compensation adjustment or service adjustment be made to the member's NHRS account; and(d) The procedure for appealing all orders issued by the NHRS under this chapter.N.H. Admin. Code § Ret 304.01
#7478, eff 4-10-01; ss by #7573, eff 10-10-01, EXPIRED: 10-10-09
New. #9562, eff 10-14-09; ss by #10111, eff 4-11-12
Amended by Volume XXXIX Number 06, Filed February 7, 2019, Proposed by #12707, Effective 1/9/2019, Expires 1/9/2029.