Dec 10, 2014 9:47 AM
NH Supreme Court upholds pension reform law backed by Bradley
The Associated Press
CONCORD - The New Hampshire State Supreme Court has upheld a 3-year-old pension reform law for public employees that shifted more costs onto workers.
The law, which dealt with setting employer contribution rates, was challenged by state employees who argued the Legislature should not interfere with the New Hampshire Retirement System board's ability to set the rates.
In a unanimous opinion Wednesday, the court reversed a ruling that the law violated state and federal constitutions.
The New Hampshire Retirement Security Coalition, which comprises state and municipal employees, including teachers, police and firefighters, said the decision "unfortunately allows public employers to renege on their promise of security in retirement."
State Sen. Jeb Bradley, who sponsored the measure, said the decision affirms the Legislature's ability to make changes needed to preserve the retirement system.