STAND. COM. REP. NO. 678

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 876

       S.D. 2

 

 

 

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

 

Madam:

 

     Your Committee on Ways and Means, to which was referred S.B. No. 876, S.D. 1, entitled:

 

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

 

begs leave to report as follows:

 

     The purpose of this measure is to clarify various provisions relating to the Employees' Retirement System.

 

Specifically, this measure clarifies the retirement date for ordinary disability retirement, payment of attorney's fees and costs in disability retirement and accidental death benefit cases, the forfeiture date for noncontributory service credit, and calculation benefits for certain reemployed retirants.

 

     Your Committee received two written comments on this measure.  The written comments may be reviewed on the Legislature's website.

 

     Your Committee finds that the clarifications made in this measure will help to streamline the administration of the Employees' Retirement System to provide more accurate and efficient service to Employees' Retirement System members.

 

     Your Committee has amended the measure by making technical nonsubstantive amendments for the purposes of clarity and style.

 

     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. 876, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 876, S.D. 2.

 

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

 

 

 

____________________________

DONNA MERCADO KIM, Chair