STAND. COM. REP. NO. 1251

                                   Honolulu, Hawaii
                                                     , 1999

                                   RE:  H.B. No. 98
                                        H.D. 1
                                        S.D. 1




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Sir:

     Your Committee on Ways and Means, to which was referred H.B.
No. 98, H.D. 1, S.D. 1, entitled:

     "A BILL FOR AN ACT RELATING TO PENSIONERS' BONUS,"

begs leave to report as follows:

     The purpose of this bill is to extend the pensioners' bonus
being paid to retirants by the Employees' Retirement System of
the State of Hawaii to July 1, 2001.

     Your Committee finds that pension income remains static
while the cost of living, whether medical, food, or other costs,
continue to climb.  For retirants in Hawaii, these increases can
adversely affect their quality of life if they must forego
adequate medical care or suitable nutrition.  This measure will
help retirants better cope with the cost of living in Hawaii.

     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 H.B. No.
98, H.D. 1, S.D. 1, and recommends that it pass Third Reading.


 
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                                   STAND. COM. REP. NO. 1251
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                                 Respectfully submitted on behalf
                                 of the members of the Committee
                                 on Ways and Means,



                                 ________________________________
                                 CAROL FUKUNAGA, Co-Chair



                                 ________________________________
                                 ANDREW LEVIN, Co-Chair

 
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