STAND. COM. REP. NO.  741

Honolulu, Hawaii

                , 2017

RE:   H.B. No. 234

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2017

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 234, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM,"

begs leave to report as follows:

The purpose of this measure is to repeal the option of voluntary severance benefits offered to Hawaii Health Systems Corporation employees facing position abolishment, reduction-in-force, or workforce restructuring under Act 1, Special Session Laws of Hawaii 2016, as codified.

The United Public Workers, AFSCME, Local 646, AFL-CIO and Hawaii Government Employees Association, AFSCME Local 152, AFL-CIO supported this measure.  The Employees' Retirement System Board of Trustees, Department of Human Resources Development, and Hawaii Health Systems Corporation provided comments.

     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. 234, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

SYLVIA LUKE, Chair