| Measure Title: | RELATING TO PUBLIC EMPLOYEE BENEFITS. |
| Report Title: | ERS; Maximum Creditable Earnings; Optional Annuity |
| Description: | Establishes maximum creditable annual salary formula for purpose of determining average final compensation and retirement benefits of public employees whose salaries are in excess of five times the median public employee salary. Authorizes optional annuity contracts to allow deferral of taxes paid on earnings in excess of maximum creditable amounts. |
| Package: | None |
| Companion: | |
| Introducer(s): | SAKAMOTO, CHUN OAKLAND, Kawamoto |
| Current Referral: | LBR, WAM |
| Date | Status Text | |
|---|---|---|
| 1/21/2004 | S | Prefiled. |
| 1/21/2004 | S | Introduced and passed First Reading. |
| 1/26/2004 | S | Referred to LBR, WAM. |
| 1/30/2004 | S | The committee on LBR has scheduled a public hearing on 02-04-04 at 1:15 pm in conference room 225. |
| 2/4/2004 | S | The committee on LBR deferred the measure until 02-06-04 at 1:15 pm in conference room 225. |
| 2/6/2004 | S | The committee on LBR deferred the measure until 02-11-04 at 1:15 pm in conference room 225. |
| 2/11/2004 | S | The committee on LBR deferred the measure until 02-18-04 at 1:15 pm in conference room 225. |
| 2/18/2004 | S | The committee(s) on LBR recommend(s) that the measure be HELD. The votes in LBR were as follows: 4 Aye(s): Senator(s) Kanno, Ihara, Taniguchi, Slom; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Kawamoto, Sakamoto. |
$ = Appropriation measure
ConAm = Constitutional Amendment