THE SENATE |
S.B. NO. |
2398 |
THIRTY-SECOND LEGISLATURE, 2024 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to the employees' retirement system.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
The purpose of this Act is to authorize the court to order the forfeiture of all employees' retirement system benefits for state or county employees who are convicted of an employment-related felony.
SECTION 2. Section 88-74.8, Hawaii Revised Statutes, is amended by amending its title and subsection (a) to read as follows:
"[[]ยง88-74.8[]]
Forfeiture of benefits; felony convictions. (a) If
a member, former member, or retirant is convicted of a felony and the court
finds that, by a preponderance of the evidence, the felony is related to the
employment of the member, former member, or retirant by the State or any
county, the court may decree pursuant to section 706-605(8), a civil penalty of
forfeiture by the member, former member, or retirant of [one-half] all
of any:
(1) Interest;
(2) Hypothetical account balance in excess of the amount representing any employee contributions made by or on behalf of the member, former member, or retirant;
(3) Pension;
(4) Annuity; or
(5) Retirement allowance,
to which the member, former member, or retirant may otherwise be entitled under this chapter; provided that upon the death of the member, former member, or retirant, the designated beneficiary of the member, former member, or retirant may receive the reduced benefits to which the member, former member, or retirant would be entitled under this section; provided further that a designated beneficiary who is also convicted of a felony based on the same set of circumstances as the member, former member, or retirant who were subject to civil penalty under this section, shall not receive any benefits."
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act shall take effect upon its approval.
INTRODUCED BY: |
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Report Title:
Employees' Retirement System Benefits; Retirement Benefits; Felony Conviction; Forfeiture
Description:
Authorizes a court to order the forfeiture of all of the Employees' Retirement System (ERS) benefits of an ERS member, former member, or retirant upon conviction of the individual for a felony related to the state or county employment of the individual.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.