All Bills We Are Following, Family Friendly Legislation

HB – 413 Contributions to Retirement System

RETIREMENT FUNDING
A bill from Hampton Rep.  Renny Cushing

FYI:  For decades, New Hampshire paid 35% of the retirement costs to towns for teachers, police, officers and firefighters.  In 2011, the Bill O’Brien legislature cut that 35% to 0%, downshifting the costs onto local committees.  When Republican legislators claim they are cutting the budget many of those cuts are pushed onto local communities

This week, a bill sponsored by State Representative Renny Cushing (D-Hampton), will come to the floor for a vote.  The bill (HB 413) would raise the state contribution to the retirement system back to 15%, which will lower the burden on local communities.  If you have Republican State Representatives or Senators, watch this bill and if they vote against it, call and ask why.

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