NHRSTA Minutes

October 1, 2008

The meeting was called to order by the Chairman Hureau at 6:15 p.m. It was held at the Red Blazer in Concord and attended by 53 people including 37 members.

Ernest Loomis led the Pledge of Allegiance. A moment of silence was observed for our departed members.

Chairman Hureau announced that the Executive Board had elected him as Chairman, Sheldon Sullivan as 1st Vice Chairman and Peter Hilchey as 2nd Vice Chairman. He also announced that the Legislative Committee would consist of Peter Hilchey and Ernest Loomis. Sheldon Sullivan was assigned as a member of the Membership Committee along with Richard Campbell.

The Treasurer gave the Treasurer's Report which consisted of:

Checking Account
Opening balance as of July 20, 2008

Expenses:
Income:
Balance:

CD:
Total:		 $ 7,531.79
$ 1,761.95
$ 733.90
$ 6,503.74

$ 6,837.65
$13,341.39

A motion was made and seconded to accept the report and the motion passed.
(More detailed information is available from the Secretary-Treasurer.)

Kate McGovern of Kate McGovern Associates, LLC spoke about her proposal to update our "Users Guide for the NH Retirement System". The cost of the update is $1,600. The Executive Board will contact other interested agencies regarding the cost, number of books needed and distribution. On the issue of COLAs for retires you can read her analysis on website: http://www.katemcgovernassociates.com/index_files/COLAbrief.pdf

Laura Hainey, AFT-NH President spoke about the need for our organization to be involved and take an active part in the NH Retirement Security Coalition activities as it pertains in retirement legislation, the ongoing hearings regarding COLAs and the "medical subsidy". She also stressed the need for members of our organization to offer testimony at the hearings as well as insuring that our elected representatives will support our needs as retirees.

Information on the legislative hearings can be obtained at:
http://www.gencourt.state.nh.us/statstudcomm/committees/1926/

The following handouts were made available at the meeting:
  1. NH Retirement System reports they are financially stable. (dated 9-26-08)
  2. NH Retirement System reports the distribution of Supplemental Allowances. (dated 9-30-08)
    Retired before January 1, 1993 - receive $500
    Retired, for at least 12 months, with minimum of 15 years and receiving $20,000 or less a year as of last anniversary date - receive $1,000
    If you meet both criteria, receive total of $1,500
  3. Health Insurance plan summary
    Retirees under 65
    Retirees over 65
  4. American Association of State Troopers - Membership Application
    (If anyone is interested in obtaining copies of the above mentioned materials,
    please contact the secretary at secretary@NHRSTA.org or tel. 603-487-5510.)

Retired Administrative Services Commissioner Don Hill was introduced and offered his services to the association. On a motion of Jim Garvin and seconded by Joe Broderick the Executive Board was directed to meet with Comm. Hill and discuss the assistance he could offer to the association. The membership approved the motion.

The meeting was adjourned.

Respectfully submitted,
Richard J Campbell, Jr.
Secretary-Treasurer