New Hampshire RS Basics

  • Established 1967
  • Currently open to new hires
  • Plan covers state and local employees
  • Plan members covered by Social Security
  • Multiple employer, cost sharing plan

Assets, Participants, and Benefits

Assets at Year-End, New Hampshire RS, 2001-2019

Fiscal Year Net Assets (billions)
2001 4.0
2002 3.5
2003 3.5
2004 3.9
2005 4.3
2006 4.7
2007 5.8
2008 5.4
2009 4.3
2010 4.8
2011 5.9
2012 5.8
2013 6.4
2014 7.4
2015 7.5
2016 7.4
2017 8.3
2018 8.8
2019 9.2

Source: Public Plans Database

Number of Actives per Annuitant, 2001-2019

Fiscal Year New Hampshire RS US State and Local Pensions
2001 3.1 2.5
2002 2.8 2.4
2003 2.9 2.3
2004 2.9 2.2
2005 2.7 2.1
2006 2.6 2.1
2007 2.4 2.0
2008 2.2 2.0
2009 2.1 1.9
2010 2.0 1.8
2011 1.8 1.7
2012 1.7 1.6
2013 1.6 1.5
2014 1.6 1.5
2015 1.5 1.5
2016 1.5 1.4
2017 1.3 1.4
2018 1.3 1.3
2019 1.3 1.3

Source: Public Plans Database

National data averages are weighted by plan size.

Costs

Employer's Annual Required Contribution as a Percentage of Payroll and Portion Paid for New Hampshire RS, 2001-2019

Fiscal Year Portion of Employer ARC paid Portion of Employer ARC left unpaid US Avg Employer ARC ARC as a Percent of Payroll {role:annotation}
2001 4.6 0.0 5.0 4.6 4.6
2002 4.8 0.0 4.8 4.8 4.8
2003 4.7 0.0 5.7 4.7 4.7
2004 6.3 0.0 7.3 6.3 6.3
2005 6.5 0.0 9.0 6.5 6.5
2006 8.0 0.0 9.3 8.0 8.0
2007 8.1 0.0 10.0 8.1 8.1
2008 7.8 2.6 10.4 10.5 10.5
2009 7.7 2.6 10.2 10.3 10.3
2010 10.8 0.0 10.5 10.8 10.8
2011 11.1 0.0 12.5 11.1 11.1
2012 11.5 0.0 12.9 11.5 11.5
2013 10.0 0.0 13.9 10.0 10.0
2014 13.1 0.0 14.5 13.1 13.1
2015 12.9 0.0 14.9 12.9 12.9
2016 13.7 0.0 14.8 13.7 13.7
2017 13.7 0.0 15.1 13.7 13.7
2018 15.4 0.0 18.1 15.4 15.4
2019 15.4 0.0 18.8 15.4 15.4

Source: Public Plans Database

National data averages are weighted by plan size.

Actuarial Funding

Actuarial Funded Ratio for New Hampshire RS, 2001-2019

Fiscal Year New Hampshire RS National Data
2001 85.0 106.5
2002 82.1 101.1
2003 75.0 94.2
2004 71.1 93.1
2005 60.3 91.1
2006 61.4 90.5
2007 67.0 91.2
2008 67.8 90.2
2009 58.3 83.2
2010 58.5 81.5
2011 57.4 80.4
2012 56.1 78.9
2013 56.7 78.7
2014 60.7 79.0
2015 59.2 78.2
2016 60.0 76.3
2017 61.8 76.4
2018 63.6 76.5
2019 64.8 76.1

Source: Public Plans Database

National data averages are weighted by plan size and reflects the average for plans of similar type and Social Security coverage.

Investments

Asset Allocation for New Hampshire RS, 2019

Category Percent
Equities 47.0
Fixed Income 24.3
Private Equity 0.0
Real Estate 10.2
Cash 0.0
Other 0.0
Commodities 0.0
Hedge Fund 0.0
Misc. Alternatives 18.5

Source: Public Plans Database

Asset Allocation for State and Local Pensions, 2019

Category Percent
Equities 47.2
Fixed Income 22.9
Private Equity 9.0
Real Estate 9.0
Cash 1.8
Other 0.0
Commodities 1.9
Hedge Fund 6.7
Misc. Alternatives 1.5

Source: Public Plans Database

National data averages are weighted by plan size.


Asset allocation for New Hampshire RS, 2001-2019

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
2001 54.8 26.1 0.0 9.5 0.0 0.0 0.0 0.0 9.6
2002 52.9 29.5 0.0 9.9 0.0 0.0 0.0 0.0 7.7
2003 55.0 27.4 0.0 9.2 0.0 0.0 0.0 0.0 8.4
2004 60.5 24.3 0.0 7.2 0.0 0.0 0.0 0.0 8.0
2005 61.3 23.1 0.0 7.4 0.0 0.0 0.0 0.0 8.2
2006 62.0 23.6 0.0 7.8 0.0 0.0 0.0 0.0 6.6
2007 60.3 28.2 0.0 6.7 0.0 0.0 0.0 0.0 4.8
2008 57.4 32.5 0.0 7.4 0.0 0.0 0.0 0.0 2.7
2009 59.2 32.3 0.0 6.2 0.0 0.0 0.0 0.0 2.3
2010 62.2 30.8 0.0 5.1 0.0 0.0 0.0 0.0 1.9
2011 64.5 27.8 0.0 5.6 0.0 0.0 0.0 0.0 2.1
2012 60.6 27.9 0.0 9.0 0.0 0.0 0.0 0.0 2.5
2013 64.4 23.1 0.0 9.0 0.0 0.0 0.0 0.0 3.5
2014 63.0 21.5 0.0 9.0 0.0 0.0 0.0 0.0 6.5
2015 57.7 23.4 0.0 9.1 0.0 0.0 0.0 0.0 9.8
2016 51.3 24.6 0.0 10.7 0.0 0.0 0.0 0.0 13.4
2017 51.8 23.1 0.0 9.9 0.0 0.0 0.0 0.0 15.2
2018 49.7 22.0 0.0 9.4 0.0 0.0 0.0 0.0 18.9
2019 47.0 24.3 0.0 10.2 0.0 0.0 0.0 0.0 18.5

Source: Public Plans Database


Annual Return as of June 30 for New Hampshire RS, 2001-2019

Fiscal Year New Hampshire RS Assumed return
2001 -6.70 9.00
2002 -6.40 9.00
2003 2.50 9.00
2004 14.90 9.00
2005 10.10 9.00
2006 10.00 8.50
2007 16.00 8.50
2008 -4.60 8.50
2009 -18.10 8.50
2010 12.90 8.50
2011 23.00 7.75
2012 0.90 7.75
2013 14.50 7.75
2014 17.60 7.75
2015 3.50 7.75
2016 1.00 7.25
2017 13.50 7.25
2018 8.90 7.25
2019 6.70 7.25

Source: Public Plans Database

National data averages are weighted by plan size.

Cash Flows

Cash Flow vs. Total Assets (Millions)
New Hampshire RS
2001-2019

Fiscal Year Cash Flow Assets
2001 -53.7 4,004.2
2002 -58.4 3,499.0
2003 -61.1 3,486.6
2004 -38.6 3,949.4
2005 -85.1 4,282.7
2006 -96.4 4,666.4
2007 5.8 5,795.6
2008 -88.0 5,425.2
2009 -148.5 4,315.3
2010 -102.1 4,847.9
2011 -125.3 5,857.4
2012 -126.9 5,750.3
2013 -159.1 6,405.0
2014 -106.9 7,390.6
2015 -130.5 7,509.9
2016 -137.5 7,434.3
2017 -158.9 8,254.0
2018 -134.2 8,836.9
2019 -154.3 9,170.8

Source: Public Plans Database


Cash Flow as a Percentage of Assets
New Hampshire RS
2001-2019

Fiscal Year New Hampshire RS National Average
2001 -1.3 -2.3
2002 -1.7 -2.3
2003 -1.8 -2.6
2004 -1.0 -1.7
2005 -2.0 -1.9
2006 -2.1 -1.9
2007 0.1 -1.7
2008 -1.6 -1.9
2009 -3.4 -2.7
2010 -2.1 -2.9
2011 -2.1 -2.8
2012 -2.2 -3.1
2013 -2.5 -3.0
2014 -1.4 -2.7
2015 -1.7 -2.8
2016 -1.8 -3.0
2017 -1.9 -2.9
2018 -1.5 -2.4
2019 -1.7 -2.7

Source: Public Plans Database

National data averages are weighted by plan size.

2020 Financial Reports

Benefits

Website for New Hampshire RS benefit descriptions.