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 S.B. No. 3010, S.D. 2, entitled:

begs leave to report as follows:

The purpose of this bill is to enable individuals who:

1. After June 30, 2002, have at least 10 years of credited service as a firefighter and are deemed permanently medically disqualified to be a firefighter by the employer's physician; and
2. Continue employment in a class A or B contributory position other than a firefighter,

to have a retirement allowance of 2.5 percent of the individual's average final compensation for the individual's years of service as a firefighter only.

The Department of Human Resources of the City and County of Honolulu submitted testimony in support of the intent of this bill. The Employees' Retirement System submitted comments on this bill.

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 S.B. No. 3010, S.D. 2, and recommends that it pass Third Reading.