100-B:1 Purpose. – The purpose of the length of service awards program is to provide service awards to volunteer and call firefighters and emergency medical personnel of volunteer municipal groups as organized under RSA 154:1, I(a)-(c). This program shall provide an income after a period of vesting to those that meet the yearly certification […]
100-B:10 Defined Contribution Plan. – I. All plan assets shall be held in trust for the exclusive purpose of providing contribution repayments to members and their beneficiaries or for the purpose of defraying the reasonable expenses of the operation and administration of the plan. If the service awards program and the related trust fund […]
100-B:11 Administration Reporting and Disclosure. – I. (a) The trustee shall provide each active member who participates in a service awards program maintained under this chapter with a summary of the program’s provisions, including the program’s provisions relating to the participation requirements and the program’s service awards formula for distributing contributions, which shall be […]
100-B:12 Amendment and Termination of Plan. – I. The committee shall have the right to amend the plan at any time provided that no amendment shall: (a) Cause or permit any portion of the fund to become the property of the sponsor until contribution repayments to members and beneficiaries are satisfied; or (b) Deprive […]
100-B:13 Miscellaneous. – I. If any person to whom a contribution is repayable from the fund is a minor, or any person to whom such benefit is payable is incompetent by reason of physical or mental disability, any payment due, unless a proper claim shall have been made by a duly appointed guardian, conservator […]
100-B:14 Eligibility Exemption. – I. All volunteer and call firefighters who have completed 5 or more years of service as volunteer or call firefighters shall be eligible for participation in the deferred compensation plan on January 1, 1997, even if they are not level one certified. II. All volunteer and call firefighters who have […]
100-B:2 Definitions. – In this chapter: I. "Break in service" means the period in time that is not credited to a member’s volunteer service with the department. II. "Committee" means the length of service awards program committee established in RSA 100-B:9 to administer the program. III. "Contribution" means: (a) The amount deferred from the […]
100-B:3 Authorization. – Authorization for a sponsor to join and participate in the state length of service awards program, and to establish service awards programs for volunteer or call firefighters, and emergency medical personnel of a municipality shall result from the affirmative vote of 2/3 of the legislative body of the municipality having control […]
100-B:4 General Requirements. – I. No fire department, fire district, or municipality shall be required to establish an awards program. II. An active volunteer or call firefighter, or emergency medical technician shall be eligible to participate in any service awards program provided under this chapter if the active volunteer firefighter, call firefighter, or emergency […]
100-B:4-a Hazardous Duty Group. – I. A sponsor may establish a hazardous duty group as an addition to the service awards program in this chapter according to the procedure for adoption provided in RSA 100-B:3. Upon adoption of a hazardous duty group by a sponsor, the sponsor shall allocate 7.5 percent of base pay […]
100-B:5 Benefit Dates. – I. The benefit date of members in the plan shall be the later of: (a) Attainment of age 60. (b) Completion of at least 20 years of credited service. II. A member who is satisfactorily able to perform the member’s duties may remain in active volunteer service after the member’s […]
100-B:6 Distribution of Accumulated Contributions. – I. There shall be a distribution of the accumulated contributions of the member or sponsor upon the first to occur of the following: (a) Termination of volunteer service; (b) Attainment of age 60 by the member; or (c) Death of the member. II. The distribution shall occur as […]
100-B:7 Vesting; Points to Remain in Plan. – I. A member shall have a nonforfeitable right to a percentage of a service award that is not less than the percentage determined under the following table: Years of Service Nonforfeitable Percentage 6 years 20 7 years 40 8 years 60 9 years 80 10 years […]
100-B:8 Trust Fund. – I. All contributions under this chapter made by the sponsor and the members shall be held and administered by the trustee in trust for use in accordance with the plan. The responsibility for the holding and investment of the fund shall lie with the trustee. The committee shall set an […]
100-B:9 Administration of the Plan. – I. A length of service awards program committee is established to administer this program. The committee shall consist of 7 members as follows: (a) Two public members, one of whom shall be appointed by the president of the senate and one of whom shall be appointed by the […]
