The Center’s latest Policy Note examines the potential impact of the recent slate of reforms to New Hampshire’s pension system. While those reforms will likely lower overall pension costs for public employers as a whole, the impact will vary considerably between the state and local government levels. In fact, under every likely scenario analyzed by the Center, the new reforms will yield year-over-year savings for the state, while local governments – the towns, cities and school districts who pay into the retirement system – will see higher pension costs, year over year.
You can read the full Policy Note for a more thorough analysis, but here are a few graphics illustrating the trends behind the recent push for reform and the potential fiscal impacts of those changes.
Continue reading "NH's latest pension reforms: Tallying the bottom line" »
Recent Comments