New Hampshire HB1439 modifies rules for retirees exceeding part-time employment hourly limits.

New Hampshire HB1439 revises the rules for retirees who exceed part-time employment hourly limits. The bill allows retirees to demonstrate just cause for exceeding the hourly limit, such as reliance on inaccurate time or wage reporting by a part-time employer. If the board of trustees finds that the retiree acted in good faith and that inequity would otherwise result, the board may waive all or part of the annuity reduction. The bill also specifies that the board shall not suspend a retiree’s entire annuity solely for exceeding the hourly limit.

New Hampshire HB1439 modifies rules for retirees exceeding part-time employment hourly limits.

New Hampshire HB1439 revises the rules for retirees who exceed part-time employment hourly limits. The bill allows retirees to demonstrate just cause for exceeding the hourly limit, such as reliance on inaccurate time or wage reporting by a part-time employer. If the board of trustees finds that the retiree acted in good faith and that inequity would otherwise result, the board may waive all or part of the annuity reduction. The bill also specifies that the board shall not suspend a retiree’s entire annuity solely for exceeding the hourly limit.