Section 103:16 – Resignation, Dismissal and Reinstatement.
103:16 Resignation, Dismissal and Reinstatement. – Any permanent policeman accepting the provisions hereof who shall resign or be dismissed from service before becoming eligible for retirement and the estate or designated beneficiary of any such permanent policeman who may die before becoming eligible for retirement, not as the result of an injury received in […]
Section 103:17 – Compensation Upon Death After Retirement.
103:17 Compensation Upon Death After Retirement. – The estate or designated beneficiary of any permanent policeman who shall die after having retired under the provisions of RSA 103:14 or 15 shall be entitled to receive from the retirement fund any excess of the total payments made thereto by him, without interest, over the aggregate […]
Section 103:18 – Exemption of Payments and Benefits; Assignability.
103:18 Exemption of Payments and Benefits; Assignability. – The payments made by permanent policemen to the board and the benefits or compensation received hereunder shall be exempt from taxation, attachment, and the operation of laws relating to insolvency or bankruptcy. No assignment of benefits or compensation due hereunder shall be valid unless approved by […]
Section 103:18-a – Authorized Deductions.
103:18-a Authorized Deductions. – Notwithstanding any other provisions of this chapter any member of the policemen’s retirement system who makes application for benefits under this chapter and who was at the time a member of an insurance or hospitalization group plan for which payroll deductions are authorized, may request that the monthly premium for […]
Section 103:8 – Additional Retirement Allowance.
103:8 Additional Retirement Allowance. – In addition to the assessment made on the assessable part of any policeman’s annual salary as hereinbefore provided, and subject to the approval of the board and to such rules and regulations as the board may prescribe with respect thereto, any permanent policeman may provide for himself an additional […]
Section 103:9 – Contributions.
103:9 Contributions. – I. At the beginning of each year commencing on the first day of July the board of trustees shall certify to each employer other than the state the percentage rates of contribution due the system from each such employer, and shall assess upon each such employer such percentages of the earnable […]
Section 103:10 – Normal Contribution Rate.
103:10 Normal Contribution Rate. – The normal contribution rate shall be determined as the uniform and constant percentage of the annual salary of the average new permanent policeman entering the system which, if contributed on the basis of his salary throughout his entire period of active service would be sufficient, together with the assessment […]
Section 103:11 – Administration of Retirement Fund.
103:11 Administration of Retirement Fund. – I. All moneys collected by the board hereunder shall be forthwith remitted to the state treasurer who shall act as custodian of the retirement fund. Donations to the retirement fund may be accepted by the state treasurer. With the exception of such moneys as may be required for […]
Section 103:12 – Retirement.
103:12 Retirement. – Any permanent policeman who accepts the provisions of this chapter may retire from active service after serving as a permanent policeman for a period of 25 continuous years or after reaching the age of 65 regardless of his period of service as a permanent policeman. Any permanent policeman accepting the provisions […]
Section 103:13 – War Service.
103:13 War Service. – In case of a break in a policeman’s continuous service by reason of military or federal law enforcement service directly attributable to war, the board shall construe as a period of continuous service the total service of such policeman before the break, his military or federal law enforcement service and […]