PUBLIC OFFICERS AND EMPLOYEES
NEW HAMPSHIRE RETIREMENT SYSTEM
Participation by Certain Employees of Political Subdivisions
100-A:25 Limitation on Payments.
Notwithstanding anything to the contrary in this subdivision, the retirement system shall not be liable for the payment of any retirement allowance or other benefits on account of the employees or beneficiaries of any employer for which reserves have not been previously created from funds contributed by such employer, or its employees, for such benefits.
Source. 1967, 134:1, eff. July 1, 1967.