STAND. COM. REP. NO.791
Honolulu, Hawaii
, 2001
RE: H.B. No. 1113
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2001
State of Hawaii
Sir:
Your Committee on Finance, to which was referred H.B. No. 1113, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM,"
begs leave to report as follows:
The purpose of this bill is to:
(1) Allow a surviving spouse or reciprocal beneficiary whose benefits from the Employees' Retirement System (ERS) were terminated due to remarriage or entry into another reciprocal beneficiary relationship subsequent to the member's death, to apply for reinstatement of the pension benefit; and
(2) Clarify ambiguities relating to the purchase of military service credit by allowing contributory plan members to acquire up to four years of military service credit at no cost.
United Public Workers and the Hawaii Government Employees Association submitted testimony in support of this bill. The Office of Veterans Services submitted testimony in support of the intent of this bill. ERS submitted comments on this bill.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1113, H.D. 1, and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT Y. TAKAMINE, Chair |
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