New Hampshire NHRS Retirement Calculator: How to Use It
The calculator follows RSA 100-A for Group I (employees and teachers) and Group II (police and fire). It doesn't model the Group II transition table for members who weren't vested by January 1, 2014.
The inputs
Group and start date
Group I members choose before or after July 1, 2011. Group II members choose whether they started before July 1, 2011 and were vested before January 1, 2014, or started after.
Vested before January 1, 2012
Ten years of service by that date gives you a 3-year AFC. Otherwise it's 5 years.
How the result is built
Group I: AFC x service / 60, then reduced by the early retirement rate for your start date and service. The result also shows the 1/66 figure that applies from your Social Security full retirement age, estimated from your current age. Group II: 2.5% or 2% x AFC x service, capped at 40 or 42.5 years, with the $10,000 minimum.
Frequently asked questions
Do post-2011 Group I members accrue 1/66?
No. They accrue 1/60 like everyone else in Group I, recalculated at 1/66 at Social Security full retirement age.
What are the post-2011 Group II rules?
2% per year at 52.5 with 25 years, reduced 1/4% a month from 50.
Is the early reduction the same for everyone?
No. Pre-July 2011 Group I members are reduced 1/8% to 5/9% a month before 60 depending on service. Later Group I members are reduced 1/4% a month before 65.
Does the calculator include a COLA?
No. NHRS increases require a vote of the Legislature each year.