STAND. COM. REP. NO. 897

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 1090

       S.D. 2

 

 

 

Honorable Donna Mercado Kim

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Madam:

 

     Your Committee on Ways and Means, to which was referred S.B. No. 1090, S.D. 1, entitled:

 

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

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to require, rather than permit, the Employees' Retirement System to collect information from government agencies in a required format and to penalize agencies for failure to provide the required information.

 

     Your Committee received written comments in support of this measure from the Employees' Retirement System.  Written comments on this measure were submitted by the Department of Education and the City and County of Honolulu.

 

     Your Committee finds that this measure will enable the Employees' Retirement System to more expediently collect and process member information, thereby facilitating the prompt payment of retirement benefits to government retirants and their beneficiaries.

 

     Your Committee notes that it expects the State and counties to achieve full compliance with this measure by 2020.

 

     Your Committee has amended this measure by:

 

(1)  Clarifying that penalties attach to the failure to provide the required information in the required format;

 

(2)  Requiring the Employees' Retirement System to submit reports to the Legislature on the progress of state and county departments and agencies in complying with this measure.  The reports shall be submitted before the convening of the 2016, 2017, 2018, 2019, and 2020 Regular Sessions; and

 

(3)  Making the effective date July 1, 2020, for all provisions, except for the reporting requirements imposed on the Employees' Retirement System, which is the date by which all agencies will be required to comply with this measure.

 

     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. 1090, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 1090, S.D. 2.

 

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

 

 

 

________________________________

JILL N. TOKUDA, Chair