Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Labor and Public Employment, to which was referred H.B. No. 563 entitled:

begs leave to report as follows:

The purpose of this bill is to clarify the forfeiture provisions for retirees who return to work after receiving the special retirement incentive benefit under Act 253, Session Laws of Hawaii 2000.

The Employees' Retirement System (ERS) commented on this bill.

Your Committee finds that this bill will require retirees receiving the special retirement incentive to forfeit the special benefit if they are rehired by the counties and state nonexecutive entities.

As affirmed by the record of votes of the members of your Committee on Labor and Public Employment that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 563, and recommends that it pass Second Reading and be referred to the Committee on Finance.