STAND. COM. REP. NO.790

Honolulu, Hawaii

, 2001

RE: H.B. No. 860

H.D. 1

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 860, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM,"

begs leave to report as follows:

The purpose of this bill is to provide qualified retirants of the Employees' Retirement System (ERS) who served in the armed forces of the United States, military service credit of up to four years.

Concerned citizens submitted testimony in support of this measure. The Office of Veterans Affairs, Hawaii Government Employees Association, and United Public Workers testified in support of the intent of this measure. ERS submitted comments.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 860, H.D. 1, and recommends that it pass Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

DWIGHT Y. TAKAMINE, Chair