Hawaii 2022 Regular Session

Hawaii House Bill HB1229 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	HOUSE OF REPRESENTATIVES H.B. NO. 1229 THIRTY-FIRST LEGISLATURE, 2021 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:
2	2
3	3	HOUSE OF REPRESENTATIVES H.B. NO. 1229
4	4	THIRTY-FIRST LEGISLATURE, 2021
5	5	STATE OF HAWAII
6	6
7	7	HOUSE OF REPRESENTATIVES
8	8
9	9	H.B. NO.
10	10
11	11	1229
12	12
13	13	THIRTY-FIRST LEGISLATURE, 2021
14	14
15	15
16	16
17	17	STATE OF HAWAII
18	18
19	19
20	20
21	21
22	22
23	23
24	24
25	25
26	26
27	27
28	28
29	29
30	30
31	31	A BILL FOR AN ACT
32	32
33	33
34	34
35	35
36	36
37	37	relating to the employees' retirement system.
38	38
39	39
40	40
41	41
42	42
43	43	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
44	44
45	45
46	46
47	47	SECTION 1. Section 88-63, Hawaii Revised Statutes, is amended to read as follows: "[[]§88-63[]] Credit for unused sick leave. (a) A public employee who retires or leaves government service in good standing with sixty days or more of unused sick leave shall be entitled to additional service credit in the retirement system as follows: (1) An employee with sixty days of unused sick leave to the employee's credit shall have the employee's years of service increased by three months for the purpose of computing the employee's retirement allowance. (2) For each additional twenty days or major fraction thereof of unused sick leave in excess of sixty days that the employee has to the employee's credit the employee shall have the employee's years of service increased by one month for the purpose of computing the employee's retirement allowance[.]; provided that a public employee who becomes a member on or after July 1, 2021, shall be entitled to a maximum additional service credit of ninety days and any unused sick leave in excess of ninety days shall be forfeited. (b) The allowance on service retirement of section 88-74 and the service benefit limitation therein shall not apply to retirement allowances which exceed such limitations by virtue of the application of this section in the computation of retirement allowances and no reduction in such retirement allowances shall be made on account of such limitations." SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored. SECTION 3. This Act shall take effect on July 1, 2021. INTRODUCED BY: _____________________________
48	48
49	49	SECTION 1. Section 88-63, Hawaii Revised Statutes, is amended to read as follows:
50	50
51	51	"[[]§88-63[]] Credit for unused sick leave. (a) A public employee who retires or leaves government service in good standing with sixty days or more of unused sick leave shall be entitled to additional service credit in the retirement system as follows:
52	52
53	53	(1) An employee with sixty days of unused sick leave to the employee's credit shall have the employee's years of service increased by three months for the purpose of computing the employee's retirement allowance.
54	54
55	55	(2) For each additional twenty days or major fraction thereof of unused sick leave in excess of sixty days that the employee has to the employee's credit the employee shall have the employee's years of service increased by one month for the purpose of computing the employee's retirement allowance[.];
56	56
57	57	provided that a public employee who becomes a member on or after July 1, 2021, shall be entitled to a maximum additional service credit of ninety days and any unused sick leave in excess of ninety days shall be forfeited.
58	58
59	59	(b) The allowance on service retirement of section 88-74 and the service benefit limitation therein shall not apply to retirement allowances which exceed such limitations by virtue of the application of this section in the computation of retirement allowances and no reduction in such retirement allowances shall be made on account of such limitations."
60	60
61	61	SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
62	62
63	63	SECTION 3. This Act shall take effect on July 1, 2021.
64	64
65	65
66	66
67	67	INTRODUCED BY: _____________________________
68	68
69	69	INTRODUCED BY:
70	70
71	71	_____________________________
72	72
73	73
74	74
75	75
76	76
77	77	Report Title: Employees' Retirement System; Sick Leave; Service Credit Description: Caps the service credit for unused sick leave for employees who become members of the employees' retirement system on or after 7/1/2021 at a maximum credit of ninety days. Specifies that any unused sick leave in excess of ninety days shall be forfeited. The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
78	78
79	79
80	80
81	81
82	82
83	83	Report Title:
84	84
85	85	Employees' Retirement System; Sick Leave; Service Credit
86	86
87	87
88	88
89	89	Description:
90	90
91	91	Caps the service credit for unused sick leave for employees who become members of the employees' retirement system on or after 7/1/2021 at a maximum credit of ninety days. Specifies that any unused sick leave in excess of ninety days shall be forfeited.
92	92
93	93
94	94
95	95
96	96
97	97
98	98
99	99	The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.