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HB 581 · 2025 · House · Executive Departments and Administration Committee

New state employee retirement plan

AI-generated

establishing a state retirement plan group for new state employee members of the retirement system.

Establishes a defined contribution retirement plan for new state employee members starting July 1, 2025, requiring their enrollment while permitting certain existing group I employees to join.AI-generated

Status

Died on the table in the House · March 13, 2025
  1. Introduced
  2. House
  3. Senate
  4. Governor
  5. Law

Analysis

This bill establishes a group III, defined contribution state retirement plan for new state employee members of the retirement system, who begin service on or after July 1, 2025. All new employees of state employers on and after July 1, 2025 will be required to join the group III defined contribution plan as administered by the retirement system, and any other group I employees may join.

From the bill's official ANALYSIS section.

Official record

gc.nh.gov · the authoritative source

Sponsors

Rep. Dan McGuireRPrimeVice Chair· Finance
  • Rep. Jason OsborneRMajority Leader
  • Rep. Erica LayonRChair· Executive Departments and Administration
  • Sen. Keith MurphyRDeputy President Pro Tempore
  • Sen. Howard PearlRChair· Executive Departments and Administration
  • Sen. Daniel InnisRChair, Majority Policy Conference

Also: Rep. Jim KofaltR, Rep. Carol McGuireR, Rep. Brian SeaworthR

Public testimony

189 signed in online · 18 wrote testimony

6% support94% oppose0% neutral

In their wordsVerbatim, exactly as submitted

This provides another "retirement option" for government employees.
John Potucek, Derrysupports
I cannot emphasize enough the importance of this bill. Modern employment practices favor flexible portable retirement plans. Modern governance requires budgeting simplicity and honesty. This plan is the first step to provide both.
tom luther, claremontsupports
There should be a higher age limit to marriage. Age 18 should be the minimum
Christine Greene, Straffordopposes
I oppose this bill as it will negatively impact group I and II members.
Rebecca Buzzell, Straffordopposes
The bill needs to be rewritten before final adoption. The wording is open to interpretation. Get a better labor lawyer to write it.
Sylvia Olson, Portsmouthopposes

Verbatim excerpts of submitted testimony, quoted from the testimony tool.

Read the testimony · as of Aug 12, 2026

Hearings

  • 2025-01-3010:00 amHouse Executive Departments and AdministrationLOB 306-308Public hearing
  • 2025-02-192:00 pmHouse Executive Departments and AdministrationLOB 306-308Public hearing
  • 2025-02-199:00 amHouse Executive Departments and AdministrationLOB 306-308Public hearing

Legislative history

  1. Jan 9, 2025HouseIntroduced (in recess of) 01/09/2025 and referred to Executive Departments and Administration HJ 3 P. 17
  2. Jan 30, 2025HousePublic Hearing: 01/30/2025 02:00 pm LOB 306-308
  3. Feb 19, 2025HouseSubcommittee Work Session: 02/19/2025 09:00 am LOB 306-308
  4. Feb 19, 2025HouseExecutive Session: 02/19/2025 02:00 pm LOB 306-308
  5. Feb 19, 2025HouseCommittee Report: Without Recommendation 02/19/2025 (Vote 8-8; RC)
  6. Mar 13, 2025HouseLay HB 581 on Table (Rep. Osborne): MA VV 03/13/2025 HJ 8 P. 77
  7. Dec 17, 2025HouseDied on Table, Session ended 12/17/2025 HJ 18

Coverage

No reporting linked yet.

Documents (PDF)

Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.