THE SENATE

HOUSE OF REPRESENTATIVES

THE TWENTY-SIXTH LEGISLATURE

INTERIM OF 2011

 

COMMITTEE ON JUDICIARY AND LABOR

Senator Clayton Hee, Chair

Senator Maile S.L. Shimabukuro, Vice Chair

 

COMMITTEE ON LABOR & PUBLIC EMPLOYMENT

Rep. Karl Rhoads, Chair

Rep. Kyle T. Yamashita, Vice Chair

 

NOTICE OF INFORMATIONAL BRIEFING

 

 

DATE:

Tuesday, January 17, 2012

TIME:

10:00 a.m.

PLACE:

Conference Room 312

State Capitol

415 South Beretania Street

 

A G E N D A

 

The purpose of the informational briefing is to provide legislators and the community with information about the unfunded liability of the Employees’ Retirement System (ERS) triggered by the practice of employees to increase their compensation in their final years of employment by working an abnormal amount of overtime to boost their pension benefit, commonly known as “spiking”.  

The following have been invited to provide their input:

Wes Machida, Administrator, Employees’ Retirement System

Colbert Matsumoto, Trustee, Employees’ Retirement System

 

 

FOR AMENDED NOTICES:  Measures that have been deleted are stricken through and measures that have been added are underscored.  If a measure is both underscored and stricken through, that measure has been deleted from the agenda.

 

If you require auxiliary aids or services to participate in the public hearing process (i.e. ASL or foreign language interpreter, or wheelchair accessibility), please contact the committee clerk at least 24 hours prior to the hearing so that arrangements can be made.

 

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 587-7213.

 

 

 

 

_____________________________________

Rep. Karl Rhoads

Chair

 

_____________________________________

Senator Clayton Hee

Chair

_____________________________________

Rep. Calvin K. Y. Say

Speaker

 

_____________________________________

Senator Shan S. Tsutsui

President