STAND.
COM. REP. NO. 222-24
Honolulu, Hawaii
, 2024
RE: H.B. No. 2382
H.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-Second State Legislature
Regular Session of 2024
State of Hawaii
Sir:
Your Committee on Labor & Government Operations, to which was referred H.B. No. 2382 entitled:
"A BILL FOR AN ACT RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM,"
begs leave to report as follows:
Your Committee finds that in light of
recent court rulings, this measure is necessary to clarify the Legislature's
intent concerning the applicability of the Employees' Retirement System
service-connected disability retirement and accidental death benefits. This measure will help to curb the unintended
growth in the Employees' Retirement System's unfunded liability and addresses
any perceived ambiguity regarding the legislative intent of the Employees' Retirement
System's service-connected disability retirement and accidental death provisions.
Your Committee has amended this measure by:
(1) Changing the effective date to July 1, 3000, to encourage further discussion; and
(2) Making technical, nonsubstantive amendments for the purposes of clarity, consistency, and style.
As affirmed by the record of votes of the members of your Committee on Labor & Government Operations that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2382, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2382, H.D. 1, and be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Labor & Government Operations,
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____________________________ SCOT Z. MATAYOSHI, Chair |
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