New Hampshire pension fund liability balloons in two years, with brunt of cost on taxpayers GEOFF FORESTER
Published: 3/17/2021 5:03:49 PM
Last year, Concord boosted the salaries of its police department by nearly $1 million above and beyond contractual raises.
Those pay increases carried a hidden cost through rising contribution rates to the New Hampshire Retirement System, which will compound city spending even higher.
In 2019, the city paid its officers and other police employees about $8 million in salary, overtime and other payouts. On top of that amount, Concord paid more than $2 million on behalf of police employees into the retirement system.
This July, those contributions – based on higher wages in the city’s police force and rising retirement rates – will increase by another $750,000, maybe more.
Local leaders urge Congressional action on municipal aid in new stimulus bill manchesterinklink.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manchesterinklink.com Daily Mail and Mail on Sunday newspapers.
Little new emerges in New Hampshire’s right-to-work debate
Opponents of bill greatly outnumber proponents at Senate hearing
January 28, 2021
Nashua Mayor Jim Donchess testified against right-to-work legislation.
For four decades, proposed right-to-work legislation has come before the New Hampshire Legislature without success, in most years voted down by either the House or the Senate.
Proponents of prohibiting unions and employers from requiring non-union members to pay dues or fees for administrative and bargaining costs as part of a collective bargaining contract, say it promotes worker choice and forces unions to provide better services.
But opponents say it is right-to-work-for-less, union busting in favor of executives and investors, and un-American because it forces unions to provide their services for free to non-members.
NH Primary Source: Familiar arguments as Senate committee weighs right-to-work bill
First attempt at passage in NH since landmark 2018 US Supreme Court decision Share Updated: 3:56 AM EST Jan 28, 2021
First attempt at passage in NH since landmark 2018 US Supreme Court decision Share Updated: 3:56 AM EST Jan 28, 2021 PROPONENTS OPTIMISTIC. For at least the past two decades, proponents of right-to-work legislation have fallen short in the New Hampshire Legislature, but this year, they are optimistic that it will pass, making the Granite State the 28th state to approve adoption. That, of course, remains to be seen. The issue has been historically split generally along party lines, but with just enough exceptions among Republicans to keep the bill from becoming law. Right-to-work is of course the name for legislation that forbids a union from requiring workers to join the union and from charging non-members union dues without consent. This year’s ve