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SB 601 · 2026 · Senate · Finance Committee

State pension contribution allocation

AI-generated

relative to the allocation and disbursement of state contributions for non-state employer pension costs under the New Hampshire retirement system.

Requires the state to pay 7.5 percent of retirement system contributions for non-state employers' group I teachers and group II members, with the state's share transferred from the education trust fund to the retirement system as general revenue sharing.AI-generated

Status

Killed in the Senate — Inexpedient to Legislate · February 19, 2026
  1. ✓Introduced
  2. ✕Senate
  3. House
  4. Governor
  5. Law

Analysis

This bill provides that the state shall pay 7.5 percent of contributions of retirement system employers other than the state for group I teachers and group II members. This bill also specifies that the state’s share shall be transferred from the education trust fund to the retirement system by the commissioner of revenue administration, with distributions treated as part of general revenue sharing.

From the bill's official ANALYSIS section.

In the bill's words

Quoted verbatim from the bill as introduced. Passages chosen from the operative text.Computed by this site

“The rate percent of such normal contribution, including contributions on behalf of group II members whose group II creditable service is in excess of 40 years, in each instance shall be fixed on the basis of the liabilities of the system with respect to the particular members of the various member classifications as shown by actuarial valuations, except as provided in subparagraph (i).”
Section 1
“The rate percent of such normal contribution in each instance shall be fixed on the basis of the liabilities of the system with respect to the particular members of the various member classifications as shown by actuarial valuation, except as provided in subparagraph (i).”
Section 1
“(c-1) [Repealed.] (d) [[Repealed.]] The state’s 7.5 percent share of employer contributions under subparagraphs (b) and (c) shall be paid to the New Hampshire retirement system by the commissioner of revenue administration.”
Section 1
“The commissioner shall first credit the amount to the education trust fund as state tax revenue under RSA 76, and then disburse such amounts to the retirement system in accordance with this section.”
Section 1

Official record

Bill page — docket & status

gc.nh.gov · the authoritative source

Sponsors

Sen. Pat LongDPrime
  • Sen. Cindy RosenwaldDDeputy Democratic Leader
  • Sen. Rebecca Perkins KwokaDMinority Leader

Also: Sen. Donovan FentonD, Sen. Debra AltschillerD

Public testimony

No one submitted online testimony on this bill. See the record

Votes

yeanay
Starting text: Bill as introduced
  • Feb 19, 2026SenateCommittee report: Inexpedient to Legislate5–2
    Overall
    71% yea
  • Feb 19, 2026SenateRoll callInexpedient to LegislateAdopted16–8How they voted
    Overall
    67% yea
    Party-line vote
    Republicans
    16–0100% yea
    Democrats
    0–80% yea

Hearings and debates

  • Jan 27, 2026Public hearingSenate Finance42:44–45:332m 49slocated in the stream transcriptHearing
  • Feb 19, 2026Floor debateSenate floor5:21:04–5:29:508m 46slocated in the stream transcriptCommittee Report: Inexpedient to Legislate; Inexpedient to Legislate — adopted, roll call 16-8

Timestamps locate where this bill is taken up in the chamber's YouTube stream.

Legislative history

  1. Jan 7, 2026SenIntroduced 01/07/2026 and Referred to Finance; SJ 1
  2. Jan 27, 2026SenHearing: 01/27/2026, Room 103, SH, 01:55 pm; SC 3
  3. Feb 19, 2026Sen: Inexpedient to Legislate, 02/19/2026, Vote 5-2; SC 6
  4. Feb 19, 2026SenInexpedient to Legislate, RC 16Y-8N, MA === BILL KILLED ===; 02/19/2026; SJ 4

Coverage

No reporting linked yet.

Documents (PDF)

  • Introducedversion

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