Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 2262 entitled:

begs leave to report as follows:

The purpose of this bill is to allow police officers who have been permanently medically disqualified from police work due to a service-related disability to maintain, under certain conditions, their 2.5 percent retirement benefit for the years they served as a police officer.

The Department of Human Resources of the City and County of Honolulu, Police Department of the City and County of Honolulu, and State of Hawaii Organization of Police Officers submitted testimony in support of this measure. The Employees' Retirement System and Department of Budget and Finance offered comments.

Your Committee has amended this bill by:

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. 2262, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2262, H.D. 1.