HOUSE OF REPRESENTATIVES

THE TWENTY-SECOND LEGISLATURE

REGULAR SESSION OF 2004

COMMITTEE ON LABOR AND PUBLIC EMPLOYMENT

Rep. Marcus R. Oshiro, Chair

Rep. Bob Nakasone, Vice Chair

Rep. Kirk Caldwell

Rep. Brian K. Blundell

Rep. Ken Ito

Rep. Mark S. Moses

Rep. Romy M. Mindo

Rep. David A. Pendleton

Rep. Joseph M. Souki

NOTICE OF DECISION MAKING

DATE:

Tuesday, February 10, 2004

TIME:

2:30 p.m or at the conclusion of public hearing

PLACE:

Conference Room 329

State Capitol

415 South Beretania Street

A G E N D A

For measures heard on Friday, February 6, 2004:

HB 2215

RELATING TO PUBLIC EMPLOYMENT.

Clarifies that an employee who received a special retirement incentive benefit may be reemployed by the State without having to forfeit all benefits received if the employee's subsequent employment with the State is by contract-for-service for a period not to exceed one year in duration.

LAB, FIN

     

HB 2262

RELATING TO PENSION AND RETIREMENT SYSTEMS.

Provides that if a police officer who suffers from a service-connected disability continues public service in any position other than as a police officer, the member's retirement allowance shall be 2-1/2% of the member's average final compensation for each year of credited service as a police officer.

LAB, FIN

     

HB 2713

RELATING TO SOCIAL SECURITY FOR PUBLIC EMPLOYEES.

Extends additional social security benefits to employees of the State or any political subdivision.

LAB, FIN

     

HB 2909

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM.

Authorizes the employees' retirement system to employ or retain attorneys independent of the attorney general to provide legal services for the employees' retirement system.

LAB, JUD, FIN

     

HB 2398

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM.

Establishes the employer contributions to the Employees' Retirement System at 15.75 percent of the member's compensation for police and firefighters and 13.75 percent of the member's compensation for all other employees beginning in FY 2005-2006. Eliminates the separate computation of contributions for the Early Incentive Retirement Plan and includes in the total contributions computed as a stated percentage of compensation payment for the remaining amounts due for the Plan as of June 30, 2005.

LAB, FIN

     

HB 2403

RELATING TO THE FEDERAL TAX LIMIT ON COMPENSATION APPLICABLE TO THE EMPLOYEES' RETIREMENT SYSTEM.

Applies the federal tax limits on pension compensation effective 7/1/96, and adds a non-tax-qualified arrangement to protect benefits accrued in excess of the federal tax limits for the period 7/1/96, through 6/30/04. Appropriates $357,350 to pay the non-tax-qualified benefits.

LAB, FIN

     

HB 2404

RELATING TO FEDERAL TAX QUALIFICATION OF THE EMPLOYEES' RETIREMENT SYSTEM.

Incorporates some of the required provisions into chapter 88 and authorizes the Board of Trustees to adopt as rules the remainder of the required provisions that are not presently part of chapter 88 or the rules of the ERS.

LAB, FIN

 

AS THIS IS A DECISION MAKING MEETING ONLY, NO PUBLIC TESTIMONY WILL BE ACCEPTED.

IF YOU REQUIRE SPECIAL ASSISTANCE OR AUXILIARY AIDS AND/OR SERVICES TO PARTICIPATE IN THE PUBLIC HEARING PROCESS OF THE STATE HOUSE (I.E., SIGN LANGUAGE INTERPRETER, WHEELCHAIR ACCESSIBILITY, OR PARKING DESIGNATED FOR THE DISABLED), PLEASE CONTACT THE COMMITTEE CLERK AT LEAST 24 HOURS PRIOR TO THE HEARING SO ARRANGEMENTS CAN BE MADE.

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 586-8505.

 

 

________________________________________

Rep. Marcus R. Oshiro

Chair