September 2025 Release - 22.4.48, 23.10.23, 25.7.2
Resolved Issue
These changes have been released in the following software versions unless otherwise noted in the release note:
22.4.48.0
23.10.23.0
25.7.2.0
The following issue has been resolved:
Reference | Area | Release Note |
|---|---|---|
EFIN-135556 | Updated Contract Pay Period Frequencies for New Hampshire Retirement System (NHRS) | The NH Retirement Payroll Report 3.0 has been updated to reflect the new contract pay period frequencies, effective July 1, 2025, to better account for balloon/lump sum payments received as a final payment for the school year contract. The new values include 21+5, 22+4, and 24+3. 21+5 represents 20 regular payments with the 2lst payment being a balloon/lump sum payment covering the remaining balance, which is equal to 6 regular payments. 22+4 represents 21 regular payments with the 22nd payment being a balloon/lump sum payment covering the remaining balance, which is equal to 5 regular payments. 24+3 represents 23 regular payments with the 24th payment being a balloon/lump sum payment covering the remaining balance, which is equal to 4 regular payments. In addition, a new field to track the employee Tier for retirement (A, B, C, A/C) is now available on the State Required II window. |