Honorable Robert Bunda

President of the Senate

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred H.B. No. 860, H.D. 1, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this measure is to entitle a retirant receiving a pension or retirement allowance from the Employees' Retirement System to an increase in the retirant's pension or retirement allowance for each year of honorable active military service in the armed forces of the United States.

This measure also appropriates an unspecified sum for fiscal year 2001-2002 to the Department of Budget and Finance, to fund the increase in these retirants' pensions or retirement allowances.

Under this measure:

Your Committee finds that the military service being credited by this measure will not be considered membership service credit nor will it provide for any other benefits under the pension and retirement systems law.

Your Committee received testimony in support of this measure from the Mayor of the County of Maui, the Retirees Unit of the Hawaii Government Employees Association, and a retired Navy officer. Your Committee received testimony in opposition to this measure from the Department of Budget and Finance.

Your Committee has amended this measure by changing the sum appropriated to $1.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 860, H.D. 1, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 860, H.D. 1, S.D. 2.