STAND. COM. REP. NO.642-02
Honolulu, Hawaii
, 2002
RE: H.B. No. 2228
H.D. 2
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2002
State of Hawaii
Sir:
Your Committee on Finance, to which was referred H.B. No. 2228, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO PENSION AND RETIREMENT SYSTEMS,"
begs leave to report as follows:
The purpose of this bill is to provide adequate retirement benefits to firefighters who retire because of service-connected disabilities and return to government service in another capacity. This bill specifies that these firefighters shall receive retirement benefits based on the 2.5 percent benefit formula used by firefighters for the period they served as firefighters.
The Hawaii State Firefighters Association testified in support of this measure, with amendments.
Your Committee has amended this bill by:
(1) Providing a retirement allowance of 2.5 percent of the member's average final compensation for individuals with at least ten years of credited service as a firefighter and is deemed permanently medically disqualified to be a firefighter, but remains in employment in a class A or B position other than a firefighter;
(2) Removing the remaining provisions of the bill;
(3) Changing the effective date to July 1, 2002; and
(4) Making technical, nonsubstantive amendments for purposes of style and clarity.
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. 2228, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2228, H.D. 2.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT Y. TAKAMINE, Chair |
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