HOUSE OF REPRESENTATIVES

THE TWENTY-FIRST LEGISLATURE

REGULAR SESSION OF 2001

COMMITTEE ON FINANCE

Rep. Dwight Takamine, Chair

Rep. Bertha Kawakami, Vice Chair

Rep. Ben Cabreros

Rep. Nobu Yonamine

Rep. Willie Espero

Rep. Ron Davis

Rep. Michael Magaoay

Rep. Charles Djou

Rep. Bob Nakasone

Rep. Bertha Leong

Rep. Scott Saiki

Rep. Mark Moses

Rep. Nathan Suzuki

Rep. Jim Rath

NOTICE OF HEARING

DATE:

Monday, February 26, 2001

TIME:

1:30 PM.

PLACE:

Conference Room 308

State Capitol

415 South Beretania Street

 

A G E N D A # 1

 

HB 562

HD1

(HSCR355)

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM.

Transfers the Deferred Compensation program to the Employees' Retirement System.

LAB,FIN

HB 563

(HSCR356)

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM.

Clarifies forfeiture provisions for retirees who return to work after receiving the special retirement incentive benefit under workforce reduction plans.

LAB,FIN

HB 564

HD1

(HSCR358)

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM.

Clarifies that there are four different options in the noncontributory plan. (HB564 HD1)

LAB,FIN

HB 565

(HSCR357)

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM.

Requires all new pension recipients to have their payments directly deposited into an account at a financial institution.

LAB,FIN

HB 576

HD1

(HSCR359)

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM.

Changes the salary growth assumption rate to ___ per cent effective _______. (HB576 HD1)

LAB,FIN

 

DECISION MAKING TO FOLLOW

 

PERSONS WISHING TO TESTIFY ARE REQUESTED TO SUBMIT 45 COPIES OF THEIR TESTIMONY AT LEAST 24 HOURS PRIOR TO THE HEARING TO: (1) ROOM 306, STATE CAPITOL, OR (2) THE HOUSE SGT.-AT-ARMS PERSONNEL IN THE TURNAROUND AREA OF THE CAPITOL BASEMENT PARKING LOT. TESTIMONY MAY BE FAXED TO THE HOUSE SGT.-AT-ARMS OFFICE AT: 586-6501 (OAHU) OR 1-800-535-3859 (NEIGHBOR ISLANDS). WHEN FAXING, PLEASE INDICATE TO WHOM THE TESTIMONY IS BEING SUBMITTED, THE DATE AND TIME OF THE HEARING, AND THE REQUIRED NO. OF COPIES THAT ARE NEEDED FOR SUBMITTAL.

IT IS ALSO REQUESTED THAT THE COPIES BE ON ONE SIDE OF AN 8-1/2" X 11" SHEET. FOR FURTHER INFORMATION, PLEASE CALL THE FINANCE COMMITTEE CLERK AT 586-6200.

IF YOU REQUIRE SPECIAL ASSISTANCE OR AUXILIARY AIDS AND/OR SERVICES TO PARTICIPATE IN THE PUBLIC HEARING PROCESS OF THE STATE HOUSE (I.E., SIGN LANGUAGE INTERPRETER, WHEELCHAIR ACCESSIBILITY, OR PARKING DESIGNATED FOR THE DISABLED), PLEASE CONTACT THE COMMITTEE CLERK AT LEAST 24 HOURS PRIOR TO THE HEARING SO ARRANGEMENTS CAN BE MADE.

 

________________________________________

Rep. Dwight Y. Takamine

Chair