CONCORD – House Republican Leader Jack Flanagan (R-Brookline) offered the following comment relative to the Supreme Court ruling that upheld legislative changes to the New Hampshire Retirement System.
House Majority Leader Jack Flanagan
“We all want a healthy and solvent retirement system for current and future public employees and first responders. With a $5 billion unfunded liability, one of the highest unfunded rates in the nation, modifications and reforms to the way in which the system works were necessary.”
“This decision gives us confidence that future legislative reforms are possible and permissible. House Republicans will continue to offer reasonable proposals, without increasing taxes, to strengthen our pension system and reduce the unfunded liability.”