STAND. COM. REP. NO.2628
RE: S.B. No. 2571
Honorable Robert Bunda
President of the Senate
Twenty-First State Legislature
Regular Session of 2002
State of Hawaii
Your Committee on Ways and Means, to which was referred S.B. No. 2571 entitled:
"A BILL FOR AN ACT RELATING TO PUBLIC EMPLOYEE BENEFITS,"
begs leave to report as follows:
The purpose of this measure is to allow retired members of the Employees' Retirement System who continues or restarts employment with the State or a county to participate in the State's Deferred Compensation Plan.
Your Committee agrees with the intent of this bill, and finds that retired members of the Employees' Retirement System who return to active public service, other than emergency hires or those hired for short-term personal service contracts, should be able to participate in the State's Deferred Compensation Plan.
As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2571 and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Ways and Means,
BRIAN T. TANIGUCHI, Chair