Bill Text: HI HB807 | 2013 | Regular Session | Amended

---

Bill Title: Retirement Benefits for Judges

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2013-03-19 - The committee on JDL deferred the measure. [HB807 Detail]

Download: Hawaii-2013-HB807-Amended.html

---

 

 

STAND. COM. REP. NO.  692

 

Honolulu, Hawaii

                , 2013

 

RE:   H.B. No. 807

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2013

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 807 entitled:

 

"A BILL FOR AN ACT RELATING TO RETIREMENT BENEFITS FOR JUDGES,"

 

begs leave to report as follows:

 

     The purpose of this measure is to restore retirement eligibility parity between current members of the Employees' Retirement System who became or become judges after June 30, 2012, and other contributory plan members by requiring that such members attain the age of fifty-five, rather than sixty to become eligible to receive a retirement allowance.

 

     The Department of Budget and Finance, Judiciary, and Employees' Retirement System Board of Trustees supported this measure.

 

     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. 807 and recommends that it pass Third Reading.

 

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

 

 

		____________________________ SYLVIA LUKE, Chair