Pondering Pensions | Front Door Politics

Public employees and unions are keeping a close eye on big changes to the New Hampshire Retirement System that could be coming down the pike — and on a newly created House committee on pension reform.

When the recession hit, the state’s public employee pension system was already battered from a decade of chronic underfunding. Now, lawmakers are looking for ways to deal with more than $3 billion in unfunded liabilities for future retirees. The pension system serves over 75,000 active and retired teachers, fire fighters, police officers and public employees from more than 450 New Hampshire municipalities.

via Pondering Pensions | Front Door Politics.

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