REPORT TITLE:
ERS; Board


DESCRIPTION:
Changes the composition ERS board to consist of an equal number
of employee and public employer representatives.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                        3065
THE SENATE                              S.B. NO.           
TWENTIETH LEGISLATURE, 2000                                
STATE OF HAWAII                                            
                                                             
________________________________________________________________
________________________________________________________________


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



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 1      SECTION 1.  Section 88-24, Hawaii Revised Statutes, is
 
 2 amended to read as follows:
 
 3      "88-24  Composition of board.  The board of trustees shall
 
 4 consist of [eight members as follows:
 
 5      (1)  The director of finance of the State, ex officio;
 
 6      (2)  Four members of the system, two of whom shall be
 
 7           general employees, one of whom shall be a teacher, and
 
 8           one of whom shall be a retirant to be elected by the
 
 9           members and retirants of the system under rules adopted
 
10           by the board governing the election to serve for terms
 
11           of six years each, one of the terms to expire on
 
12           January 1 of each even-numbered year; provided that, if
 
13           after the close of filing of petitions for candidacy, a
 
14           member is unopposed for election to a trustee position,
 
15           the member shall be deemed and declared to be duly and
 
16           legally elected to the position of trustee without an
 
17           election; and
 
18      (3)  Three citizens of the State who are not employees, one
 
19           of whom shall be a responsible officer of a bank
 
20           authorized to do business within the State, or a person
 

 
Page 2                                                     3065
                                     S.B. NO.           
                                                        
                                                        

 
 1           of similar experience, to be appointed by the governor,
 
 2           with the advice and consent of the senate, to serve for
 
 3           a term of six years each, one of the terms to expire 
 
 4           January 1 of each odd-numbered year.] an equal number
 
 5           of employee and public employer representatives.  The
 
 6           employee representatives shall consist of one
 
 7           representative from each of the organizations certified
 
 8           as an exclusive representative for state and county
 
 9           employees and one retiree of the employees' retirement
 
10           system to be elected by the members and retirees of the
 
11           system under rules adopted by the board governing the
 
12           election to serve for a term of six years to expire on
 
13           January 1, of the sixth year; provided that, if after
 
14           the close of filing of petitions for candidacy, a
 
15           member is unopposed for election to a trustee position,
 
16           the member shall be deemed and declared to be duly and
 
17           legally elected to the position of trustee without an
 
18           election.  The public employer representatives shall
 
19           consist of two representatives from the State appointed
 
20           by the governor, two representatives from the city and
 
21           county of Honolulu appointed by the mayor, and a
 
22           representative from each of the three remaining
 
23           counties appointed by the mayor of the respective
 

 
Page 3                                                     3065
                                     S.B. NO.           
                                                        
                                                        

 
 1           county.  If the number of employee organizations
 
 2           changes, and there is a need for a reduction or
 
 3           increase in the number of employer representatives, the
 
 4           employer representatives listed above shall determine
 
 5           which jurisdiction representatives shall be deleted or
 
 6           added.
 
 7 Each trustee shall serve until the trustee's successor is elected
 
 8 or appointed, as the case may be, and qualified.  [For the
 
 9 purpose of this section, the term "general employees" includes
 
10 police officers and firefighters.]"
 
11      SECTION 2.  Statutory material to be repealed is bracketed.
 
12 New statutory material is underscored.
 
13      SECTION 3.  This Act shall take effect on January 1, 2001.
 
14 
 
15                              INTRODUCED BY:______________________