STAND. COM. REP. NO. 3104

Honolulu, Hawaii

RE: S.B. No. 2867

S.D. 2

Honorable Ronald D. Kouchi

President of the Senate

Thirtieth State Legislature

Regular Session of 2020

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 2867, S.D. 1, entitled:

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

begs leave to report as follows:

The purpose and intent of this measure is to clarify how compensation is calculated for the purposes of public employee retirement benefits by specifying that an employee's base pay is the amount set forth in the employee's personnel action report.

Your Committee received written comments in support of this measure from the Employees' Retirement System.

Your Committee received written comments on this measure from the Hawaii Government Employees Association.

Your Committee finds that the clarifications provided by this measure will ensure that all public employees' retirement benefits will be computed in a fair and equitable manner and will facilitate employers' consistent and timely reporting of compensation.

Your Committee has amended this measure by making technical nonsubstantive changes for purposes of clarity, consistency, and style.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2867, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2867, S.D. 2.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

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DONOVAN M. DELA CRUZ, Chair