HOUSE OF REPRESENTATIVES
THE TWENTY-SIXTH LEGISLATURE
REGULAR SESSION OF 2011
|
COMMITTEE ON FINANCE |
|
Rep. Marcus R. Oshiro, Chair |
|
Rep. Marilyn B. Lee, Vice Chair |
|
Rep. Pono Chong |
Rep. Chris Lee |
|
Rep. Isaac W. Choy |
Rep. Dee Morikawa |
|
Rep. Denny Coffman |
Rep. James Kunane Tokioka |
|
Rep. Ty Cullen |
Rep. Kyle T. Yamashita |
|
Rep. Sharon E. Har |
Rep. Barbara C. Marumoto |
|
Rep. Mark J. Hashem |
Rep. Gil Riviere |
|
Rep. Linda Ichiyama |
Rep. Gene Ward |
|
Rep. Jo Jordan |
|
NOTICE OF HEARING
|
DATE: |
Friday, February 25, 2011 |
|
TIME: |
10:00 A.M.. |
|
PLACE: |
Conference Room 308 State Capitol 415 South Beretania Street |
A G E N D A # 1
|
|
|
|
|
RELATING TO PUBLIC EMPLOYMENT. Limits the EUTF to providing group life insurance benefits only to retired employees who retired before 07/01/2011. Maintains the flat dollar contribution for the group life benefit of retired employees and repeals the annual adjustment. Repeals provisions pertaining to the negotiation of group life insurance contributions for active employees.
|
FIN |
|
|
RELATING TO PUBLIC EMPLOYEES. Makes employer contributions to the employer-union health benefits trust fund non-negotiable under collective bargaining. Establishes employer contributions for active public employees at 50% of monthly cost of the health benefits plan. Limits the trust fund to offering to active employees a medical benefits plan that provides not more than the minimum benefits required under the Hawaii prepaid health care act. Requires the trust fund to offer separate prescription drug, dental, and vision plans. Takes effect on 7/1/2011, and is repealed on 6/30/2015, but does not affect collective bargaining contracts, the cost items of which were approved before the effective date.
|
FIN |
|
|
RELATING TO THE HAWAII EMPLOYER‑UNION HEALTH BENEFITS TRUST FUND. Eliminates medicare part B reimbursements for employee-beneficiaries and spouses of employee-beneficiaries hired after June 30, 2011. Provides that an employee-beneficiary would be entitled to receive up to ninety percent of medicare part B reimbursements, based on the employee-beneficiary's year or years of credited service on June 30, 2011. Effective July 1, 2011.
|
LAB, FIN |
|
|
RELATING TO EMPLOYEES' RETIREMENT SYSTEM BENEFIT ENHANCEMENT MORATORIUM. Institutes a moratorium on the enhancement of Employees' Retirement System benefits until the system's funded ratio is one hundred per cent.
|
LAB, FIN |
|
|
RELATING TO EMPLOYER CONTRIBUTIONS TO THE EMPLOYEES' RETIREMENT SYSTEM. Sets the rates for employer contributions to the Employees' Retirement System.
|
LAB, FIN |
|
|
RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM. Provides for retirement benefits for State and county employees who become members of the Employees' Retirement System after June 30, 2012. Effective July 1, 2012.
|
LAB, FIN |
|
|
RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM. Establishes the percentage of "regular interest" credited to the retirement account of a public employee who first enters service after 06/30/11 at 2% as opposed to a public employee who first entered service prior to 07/01/11, whose regular interest percentage is 4 and 1/2%.
|
FIN |
DECISION MAKING TO FOLLOW
Persons wishing to offer comments should submit testimony at least 24 hours prior to the hearing with a transmittal cover indicating:
· Testifier's name with position/title and organization;
· The Committee the comments are directed to;
· The date and time of the hearing;
· Measure number; and
· The number of copies the Committee is requesting.
While every effort will be made to copy, organize, and collate all testimony received, materials received on the day of the hearing or improperly identified or directed to the incorrect office, may be distributed to the Committee after the hearing.
Submit testimony in ONE of the following ways:
PAPER: 2 copies to Room 306 in the State Capitol;
FAX: For comments less than 5 pages in length, transmit to 586-6001 (Oahu) or 1-800-535-3859 (for Neighbor Islanders without a computer to submit testimony through e-mail or the Web); or
WEB: For comments less than 4MB in size, transmit from the Web page at http://www.capitol.hawaii.gov/emailtestimony.
Testimony submitted will be placed on the Legislative Web site after the hearing adjourns. This public posting of testimony on the Web site should be considered when including personal information in your testimony.
If you require special assistance or auxiliary aids and/or services to participate in the House public hearing process (i.e., sign or foreign language interpreter or wheelchair accessibility), please contact the Committee Clerk at 586-6200 or email your request for an interpreter to HouseInterpreter@Capitol.hawaii.gov at least 24 hours prior to the hearing for arrangements. Prompt requests submitted help to ensure the availability of qualified individuals and appropriate accommodations.
Selected meetings are broadcast live. Check the current legislative broadcast schedule on the "Capitol TV" Web site at www.capitoltv.org OR call 536-2100.
|
|
|
________________________________________ Rep. Marcus R. Oshiro Chair |