Labor & Employment (Retirement Benefits)

HB 1471 updates the retirement benefit calculation for New Hampshire police and fire personnel (Group II members) who began service before July 1, 2011, and were not vested by January 1, 2012. It aligns their "average final compensation" formula with the method established in HB 2 (2025), limiting how extra pay (like overtime) is included in retirement calculations. Specifically, it caps the inclusion of special duty pay in the highest 5 years of service to match the average over the member’s last 5 years of service after January 1, 2012. This change has no new fiscal impact, as it implements an existing calculation method already approved in 2025.