HOUSE OF REPRESENTATIVES
                      THE TWENTIETH LEGISLATURE
                       REGULAR SESSION OF 1999

                        COMMITTEE ON FINANCE
              Representative Dwight Y. Takamine, Chair
            Representative Bertha C. Kawakami, Vice-Chair

                  NOTICE OF INFORMATIONAL BRIEFING

      DATE:     Tuesday, February 2, 1999
      PLACE:    State Capitol, Conference Room 308

      SUBJECT:  BRIEFING ON THE EMPLOYEES' RETIREMENT SYSTEM
                 HAWAII PUBLIC EMPLOYEES' HEALTH FUND

1:30 p.m. to 3:00 p.m.
Mr. David Shimabukuro, Administrator
EMPLOYEES' RETIREMENT SYSTEM

Mr. Shimabukuro will discuss the following:

       1. Summary of the Employees' Retirement System
       2. Financial Activities
       3. Actuarial Valuation
       4. Impact of Prior Years Legislation
       5. Proposed Legislation for 1999
       6. Other Committee Concerns

3:00 p.m. to 4:30 p.m.
Mr. Cenric Ho, Administrator
HAWAII PUBLIC EMPLOYEES' HEALTH FUND

Mr. Ho will discuss the following:

       1. Summary of the Health Fund Benefits Program
       2. Employer and Employee Contributions for 1997 and 1998
       3. Payments to the Health Fund Insurance Carriers and Union Plans 
          for 1997 and 1998
       4. Rates Negotiated by the Board of Trustees for FB 1999-2001
       5. Impact of Prior Years Legislation
       6. Board of Trustees: Proposed Legislation for 1999
       7. Status of the Special Reserve Trust Fund
       8. Other Committee Concerns

IF YOU REQUIRE SPECIAL ASSISTANCE OR AUXILIARY AIDES AND/OR SERVICES TO
ATTEND THE INFORMATIONAL BRIEFING OF THE STATE HOUSE (I.E., SIGN LANGUAGE
INTERPRETER, WHEELCHAIR ACCESSIBILITY, OR PARKING DESIGNATED FOR THE
DISABLED), PLEASE CONTACT THE HOUSE COMMITTEE ON FINANCE AT 586-6200, 24
HOURS PRIOR TO THE HEARING SO ARRANGEMENTS CAN BE MADE.



                               ___________________________________
                               Rep. Dwight Y. Takamine, Chair
 
NOTICE FIN 02/02/99