Report Title:

Employees' Retirement System; OHA Trustees

Description:

Allows trustees of the Office of Hawaiian Affairs who claim service credit to select either one of the two payment options available under section 88-59.

THE SENATE

S.B. NO.

1155

TWENTY-SECOND LEGISLATURE, 2003

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

relating to the office of hawaiian affairs.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Section 88-54.5, Hawaii Revised Statutes, is amended to read as follows:

"[[]§88-54.5[]] Service while a member of the board of trustees of the office of Hawaiian affairs. Notwithstanding any provisions of section 10-9 that may previously have precluded a member of the board of trustees of the office of Hawaiian affairs from participating as a member of the employees' retirement system:

(1) Any trustee of the office of Hawaiian affairs in service on July 1, 2002, may become a member upon the trustee's election in accordance with section 88-43 by October 1, 2002;

(2) Any trustee of the office of Hawaiian affairs elected or appointed after July 1, 2002, may become a member upon the trustee's election in accordance with section 88-43;

(3) Any service as a trustee of the office of Hawaiian affairs during the period of July 1, 1993, through July 1, 2002, if claimed by the member, shall be credited in the member's class at the time the service is acquired; provided that membership service shall be credited in accordance with sections 88-59 and 88-272; provided further that if claimed by the member, the service may be credited to the member at the election of the member of either the payment option provided for in section 88-59(1) or section 88-59(2), notwithstanding the date upon which the member began service as a trustee; and

(4) Any former trustee of the office of Hawaiian affairs who retired from service prior to July 1, 2002, shall not be entitled to claim membership service as a trustee during the period July 1, 1993, through June 30, 2002."

SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 3. This Act shall take effect upon its approval.

INTRODUCED BY:

_____________________________

By Request