relative to stipends for retired group II members of the state retirement system.

HB 1170 provides a permanent supplemental retirement stipend for certain retired New Hampshire state employees (Group II, primarily police and fire) and their beneficiaries. Retirees who were retired for 10-19 years (120-239 months) as of July 1, 2025, receive $500 per year of retirement added to their monthly pension, while those retired 20+ years (240+ months) receive a one-time $5,000 addition. The stipend becomes part of the retiree’s permanent base annuity, paid monthly from the state general fund, with an estimated FY 2027 cost of $269.6 million. This policy directly affects current retirees and beneficiaries who meet the retirement duration criteria, with no impact on employer contributions or the retirement system’s unfunded liability.