CONFERENCE
COMMITTEE REP. NO. 68-18
Honolulu, Hawaii
, 2018
RE: H.B. No. 2341
H.D. 1
S.D. 2
C.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Twenty-Ninth State Legislature
Regular Session of 2018
State of Hawaii
Honorable Ronald D. Kouchi
President of the Senate
Twenty-Ninth State Legislature
Regular Session of 2018
State of Hawaii
Sirs:
Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 2341, H.D. 1, S.D. 2, entitled:
"A BILL FOR AN ACT RELATING TO QUALIFIED DOMESTIC RELATIONS ORDERS,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this measure is to amend Act 263, Session Laws of Hawaii 2016 (Act 263), which established procedures for direct payment of Employees' Retirement System (ERS) benefits to a spouse or former spouse of an ERS beneficiary pursuant to a court order that allocates marital property, by:
(1) Clarifying that Act 263 applies to the spouse or former spouse of a former ERS member with vested benefit status;
(2) Amending the method of calculating and paying benefits to the spouse or former spouse from payment of an annuity based on the actuarial value of the member's or retirant's benefit to payment of a monthly amount based on the actual monthly payment to the retirant and the terms of the domestic relations order and specifying disposition of the benefit amount upon the death of either party;
(3) Postponing the implementation of Act 263 from July 1, 2018, to July 1, 2020; and
(4) Appropriating funds for fiscal year 2018-2019 for the planning and expenditures necessary to implement this measure.
Your Committee on Conference has amended this measure by:
(1) Deleting the appropriation provision; and
(2) Changing its effective date to upon its approval.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 2341, H.D. 1, S.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 2341, H.D. 1, S.D. 2, C.D. 1.
Respectfully submitted on behalf of the managers:
ON THE PART OF THE SENATE |
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ON THE PART OF THE HOUSE |
____________________________ JILL N. TOKUDA Chair |
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____________________________ AARON LING JOHANSON Co-Chair |
____________________________ BRIAN T. TANIGUCHI Co-Chair |
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____________________________ DANIEL HOLT Co-Chair |
____________________________ GILBERT S.C. KEITH-AGARAN Co-Chair |
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