About Us

Kate McGovern, MPA, Ph.D.
PO Box 303, Concord, NH 03302-0303
Phone: 603-753-9542  Email: katemcgovern@earthlink.net 

Associate Professor

New Hampshire Bureau of Education and Training
Learn more about the Bureau of Education and Training

Adjunct Faculty
Springfield College, School of Human Services 
Learn more about Springfield College, SHS in Manchester, NH

Publications

A User's Guide to the New Hampshire Retirement System
The 2010 edition is now available. 
Contact NH Retired State Troopers Association www.nhrsta.org

Challenges in Pension Governance: A Case Study of the New Hampshire Retirement System

Kate McGovern, MPA, PhD

The book depicts trustees, legislators and stakeholders in crisis. Transcripts and interviews give readers an inside view of a struggle to adhere to fiduciary duty in the face of relentless political pressure. Events in New Hampshire during the recession of 1991 were not unique; researchers found that a number of states sought to balance budgets by reducing pension contributions during that period. This study sets New Hampshire’s experience in the context of those findings as it portrays a system of pension governance under stress. The events in 1991-92 led to a $2.4 billion unfunded liability by 2007. As the impending retirement of the Baby Boomers coincides with a global financial crisis, the unfunded liability has reached $3.4 billion. This examination of the past may serve to inform the present, as the bill comes due.

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 Workshops

$350/session
· The case for a member-funded COLA
· What happened in 1991 and why it’s important now
· Benefit briefings for members of the New Hampshire Retirement System  

 
Are KMA workshops for you?
The New Hampshire Retirement System offers free programs and consultations with benefit specialists.  For information about NHRS benefits and services for members: www.nhrs.org

KMA Customized Presentations On Special Topics By Request 

A program will be designed for the members of your organization which provides answers to common questions.

The cost of copying hand outs for each participant will be billed with the invoice, unless the host organization makes the copies.