On Wednesday, New Hampshire House Speaker Shawn Jasper announced the formation of a 14-person panel to study the state’s retirement system and potential reforms.
Rep. Jasper has now also revealed who will populate the panel, called the Special Committee on Public Employee Pension Plans.
From Patch:
Veteran lawmaker state Rep. David Hess, R-Hooksett, will lead the Special Committee on Public Employee Pension Plans.
State Rep. John Sytek, R-Salem, will assist Hess as the vice chairman.
Also named to the new pension committee were state Rep. Neal Kurk, R-Weare; state Rep. William Infantine, R-Manchester; state Rep. Gary Azarian, R-Salem; state Rep. William Ohm, R-Nashua; Rep. Frank Byron, R-Litchfield; state Rep. Mark Proulx, R-Manchester; state Rep. Jeffrey Goley, D-Manchester; state Rep. Daniel Sullivan, D-Manchester; state Rep. Patricia Lovejoy, D-Stratham; state Rep. Dianne Schuett, D-Pembroke; state Rep. Len DiSesa, D-Dover; and state Rep. Frank Edelblut, R-Wilton.
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The committee will also look at the funding of public employee pension plans and programs; eligibility for participation in and benefits under public employee pension plans and programs; and alternative public employee pension plans and programs.
The New Hampshire Retirement System was 66 percent funded at the end of fiscal year 2013-14. The system manages $7.41 billion in assets.