STAND. COM. REP. NO.  1569

 

Honolulu, Hawaii

                , 2015

 

RE:   S.B. No. 1324

      S.D. 2

      H.D. 1

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred S.B. No. 1324, S.D. 2, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO DIVORCE,"

 

begs leave to report as follows:

 

     The purpose of this measure is to provide statutory authority for the Employees' Retirement System (ERS) to make direct payments of a portion of a member's pension, annuity, or retirement allowance to a non-member former spouse pursuant to an award in a divorce action.

 

     The Hawaii State Commission on the Status of Women and Farrell & Associates testified in support of this measure.  The Employees' Retirement System Board of Trustees testified in opposition to this measure.  An individual provided comments on 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 S.B. No. 1324, S.D. 2, H.D. 1, and recommends that it pass Third Reading.

 

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

 

 

 

 

____________________________

SYLVIA LUKE, Chair