CONFERENCE COMMITTEE REP. NO.142-02
Honolulu, Hawaii
, 2002
RE: S.B. No. 2127
H.D. 1
C.D. 1
Honorable Robert Bunda
President of the Senate
Twenty-First State Legislature
Regular Session of 2002
State of Hawaii
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2002
State of Hawaii
Sir:
Your Committee on Conference on the disagreeing vote of the Senate to the amendments proposed by the House of Representatives in S.B. No. 2127, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this measure is to provide special compensation payments to state and county retirees aged seventy years and older with at least twenty years of service, with compensation adjustments made every five years.
Upon further consideration, your Committee on Conference has amended the measure by:
(1) Deleting the amendments to Section 88-11, Hawaii Revised Statutes, as proposed in the House Draft 1 version;
(2) Inserting therefor, statutory language that was originally included in Section 88-11, Hawaii Revised Statutes, pursuant to Act 339, Session Laws of Hawaii 1990, as amended by Act 275, Session Laws of Hawaii 1994, and by Act 327 Session Laws of Hawaii 1997, that provided a formula for pensioners' bonuses;
(3) Adding a provision that provides a one time, lump sum bonus of $200 for each state and county retiree who is seventy years of age and older with at least twenty years of credited service as of June 30, 2002;
(4) Adding an appropriation section to the measure to provide funding for the one-time bonuses;
(5) Changing the effective date from July 1, 2050, to July 1, 2002; and
(6) Amending the purpose clause to reflect the measure's new purpose.
In providing the one-time bonuses under this measure, your Committee on Conference wishes to emphasize that any lump sum bonus paid pursuant to this measure shall not be construed to increase a retirant's basic monthly pension accumulation or any other post retirement benefit provided under Chapter 88, Hawaii Revised Statutes.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of S.B. No. 2127, H.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 2127, H.D. 1, C.D. 1.
Respectfully submitted on behalf of the managers:
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ON THE PART OF THE HOUSE |
ON THE PART OF THE SENATE |
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____________________________ SCOTT K. SAIKI, Co-Chair |
____________________________ BOB NAKATA, Chair |
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____________________________ BOB NAKASONE, Co-Chair |
____________________________ BRIAN T. TANIGUCHI, Co-Chair |
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