STAND. COM. REP. 811

Honolulu, Hawaii

, 2003

RE: H.B. No. 317

H.D. 2

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 317, H.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM,"

begs leave to report as follows:

The purpose of this bill is to safeguard retirement benefits of current and future faculty members and lecturers of the University of Hawaii system (UH) by:

(1) Allowing membership into the Employees' Retirement System (ERS) for faculty members or lecturers of the UH system with multiple part-time appointments who meet eligibility requirements;

(2) Statutorily providing ERS membership benefits for existing and former faculty members or lecturers who hold or held multiple part-time appointments prior to the effective date of this Act and who were reported by UH as eligible for membership; and

(3) Providing ERS membership eligibility to faculty and lecturers employed on one or more UH campuses who hold multiple part-time appointments that aggregate to at least one-half of a full-time equivalent position.

UH, ERS, and the Hawaii Government Employees Association submitted testimony in support of the intent of 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 H.B. No. 317, H.D. 2, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

 

____________________________

DWIGHT Y. TAKAMINE, Chair