HB 502

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM

By Representative(s) CHANG / GOODENOW; Hamakawa, Herkes, Ito, Kaho`ohalahala, Kanoho, Luke, Morita, Oshiro, M.

Companion Bill: SB 1622

Keywords: AGED, MINORS, PENSION AND RETIREMENT SYSTEM, PUBLIC EMPLOYEES

Report Title: ERS; Class A

Description: Upon application to the ERS board, allows a class A member to withdraw for one time only, the member's contributions (or a portion thereof) for financial hardship. Defines financial hardship. Requires board to set implementing rules.

 1-22-99        H Introduced and passed First Reading                      
 1-25-99        H Referred to the committees on 1. LAB 2. FIN ,
                  referral sheet 3