HOUSE OF REPRESENTATIVES
THE TWENTY-SECOND LEGISLATURE
REGULAR SESSION OF 2003
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COMMITTEE ON FINANCE |
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Rep. Dwight Y. Takamine, Chair |
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Rep. Bertha C. Kawakami, Vice Chair |
Rep. Jon Riki Karamatsu |
Rep. Glenn Wakai |
Rep. Sol P. Koho`ohalahala |
Rep. Thomas Waters |
Rep. Michael Y. Magaoay |
Rep. Kika G. Bukoski |
Rep. Romy M. Mindo |
Rep. Mark G. Jernigan |
Rep. Bob Nakasone |
Rep. Colleen R. Meyer |
Rep. Scott Y. Nishimoto |
Rep. Mark S. Moses |
Rep. Maile S.L. Shimabukuro |
NOTICE OF HEARING
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DATE: |
Thursday, February 20, 2003 |
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TIME: |
10:00 a.m. |
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PLACE: |
Conference Room 308 State Capitol 415 South Beretania Street |
A G E N D A # 1
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HB 317 HD2 (HSCR323) |
RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM. Allows a faculty member or lecturer of UH with multiple part-time faculty or lecturer appointments to meet eligibility requirements for membership in the ERS; allows the same class of individuals to become ERS members. |
HED, LAB, FIN |
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HB 130 (HSCR319) |
RELATING TO PENSION AND RETIREMENT SYSTEMS. Requires spousal or reciprocal beneficiary consent to any retirement benefit option selected by a member. Designates option as the retirement benefit option when a spouse or reciprocal beneficiary refuses to consent to a member's election of a benefit option, but entitles the spouse or reciprocal beneficiary to an annuity of % of the allowance received by the member before death. |
LAB, FIN |
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HB 986 HD1 (HSCR423) |
RELATING TO DEATH BENEFITS OF SURVIVING CHILDREN OF PUBLIC EMPLOYEES. Allows surviving dependent children to receive ERS death benefits after age 18 while a full-time student or until reaching age 25, whichever occurs first, if there is no surviving spouse of employee who qualified for but had not yet retired. |
LAB, FIN |
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HB 1157 (HSCR320) |
RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM. Minimizes the administrative processing of refunding contributions for the employees excluded from Social Security. |
LAB, FIN |
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HB 1159 (HSCR321) |
RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM. Requires the ERS to pay interest on the retroactive amount due retirees whose pensions are not finalized within six calendar months following the month of retirement. Authorizes the ERS to assess the employing agency a late fee for each month of delay in reporting unused sick leave balances, lump sum vacation payments and other pertinent information needed to finalize a retiree's pension. |
LAB, FIN |
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HB 553 HD1 (HSCR322) |
RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM. Restores the method used to calculate a member's average final compensation. Sets salary range of ERS administrator outside of the range established for deputy directors. Allows for computation of ERS allowances effective the first day of each month except for December. Clarifies language regarding payment of pension upon the death of a pensioner. |
LAB, FIN |
DECISION MAKING TO FOLLOW
PERSONS WISHING TO TESTIFY ARE REQUESTED TO SUBMIT 35 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 FIN 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.
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________________________________________ Rep. Dwight Y. Takamine Chair |
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