THE TWENTY-SIXTH LEGISLATURE
REGULAR SESSION OF 2012
Senator Clayton Hee, Chair |
Senator Maile S.L. Shimabukuro, Vice Chair |
NOTICE OF HEARING
DATE: |
Wednesday, February 8, 2012. |
TIME: |
09:30 A.M. |
PLACE: |
Conference Room 016 State Capitol 415 South Beretania Street |
A G E N D A
RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM. Corrects errors; harmonizes ordinary disability and ordinary death benefits for new members of the Employees' Retirement System with their service retirement benefits; and harmonizes age and service requirements for judges who are currently members of the Employees' Retirement System with the requirements for other contributory plan members.
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JDL, WAM |
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RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM. To prevent unexpected increases in pension benefits and in the unfunded actuarial accrued liability of the Employees' Retirement System by limiting the amount of compensation included in "average final compensation" and requiring employers to pay the additional costs resulting from spiking.
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JDL, WAM |
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RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM. Changes one of the requirements to become a member of the Board of Trustees of the Employees' Retirement System of the State of Hawaii.
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JDL, WAM |
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RELATING TO THE HAWAII EMPLOYER-UNION HEALTH BENEFITS TRUST FUND. Authorizes the board of the Employer-Union Health Benefits Trust Fund to create a trust fund for the purpose of receiving employer contributions that will prefund post-employment health and other benefit costs for retirees and their beneficiaries.
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JDL, WAM |
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RELATING TO EMPLOYER-UNION HEALTH BENEFITS TRUST FUND. Amends section 87A-1, Hawaii Revised Statutes, to add a new definition of "credited service" and to clarify the definitions of "employee" and "part-time, temporary, and seasonal or casual employee."
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JDL, WAM |
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Decision Making to follow, if time permits.
Click here to submit testimony to the Senate Committee on Judiciary and Labor.
Testimony may be submitted up to 24 hours prior to the start of the hearing.
FOR AMENDED NOTICES: Measures that have been deleted are stricken through and measures that have been added are underscored. If a measure is both underscored and stricken through, that measure has been deleted from the agenda.
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FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT 587-6837.
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_____________________________________ Senator Clayton Hee Chair |
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