Hawaii 2022 Regular Session

Hawaii House Bill HB936 Compare Versions

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

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1	1	HOUSE OF REPRESENTATIVES H.B. NO. 936 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:
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3	3	HOUSE OF REPRESENTATIVES H.B. NO. 936
4	4	THIRTY-FIRST LEGISLATURE, 2021
5	5	STATE OF HAWAII
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7	7	HOUSE OF REPRESENTATIVES
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9	9	H.B. NO.
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11	11	936
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13	13	THIRTY-FIRST LEGISLATURE, 2021
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17	17	STATE OF HAWAII
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31	31	A BILL FOR AN ACT
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37	37	RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM.
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43	43	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
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47	47	SECTION 1. The purpose of this Act is to change the formula for crediting unused sick leave when a public employee retires or leaves government service. The legislature finds that this Act is necessary to reduce the public employers' contributions to the Employees' Retirement System of the State of Hawaii. SECTION 2. Section 88-63, Hawaii Revised Statutes, is amended to read as follows: "[[]§88-63[]] Credit for unused sick leave. (a) This subsection applies to public employees who became members of the system before July 1, 2021. A public employee, to whom this subsection applies, 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[.]; and (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. (b) This subsection applies to public employees who become members of the system after June 30, 2021. A public employee, to whom this subsection applies, who retires or leaves government service in good standing with any unused sick leave shall be entitled to additional service credit in the system as follows: (1) An employee with one-hundred twenty 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; and (2) For each additional forty days or major fraction thereof of unused sick leave 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. (c) The allowance on service retirement of section 88-74 and the service benefit limitation therein shall not apply to retirement allowances [which] that 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 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored. SECTION 4. This Act, upon its approval, shall take effect on July 1, 2021. INTRODUCED BY: _____________________________ BY REQUEST
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49	49	SECTION 1. The purpose of this Act is to change the formula for crediting unused sick leave when a public employee retires or leaves government service. The legislature finds that this Act is necessary to reduce the public employers' contributions to the Employees' Retirement System of the State of Hawaii.
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51	51	SECTION 2. Section 88-63, Hawaii Revised Statutes, is amended to read as follows:
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53	53	"[[]§88-63[]] Credit for unused sick leave. (a) This subsection applies to public employees who became members of the system before July 1, 2021.
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55	55	A public employee, to whom this subsection applies, 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:
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57	57	(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[.]; and
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59	59	(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.
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61	61	(b) This subsection applies to public employees who become members of the system after June 30, 2021.
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63	63	A public employee, to whom this subsection applies, who retires or leaves government service in good standing with any unused sick leave shall be entitled to additional service credit in the system as follows:
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65	65	(1) An employee with one-hundred twenty 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; and
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67	67	(2) For each additional forty days or major fraction thereof of unused sick leave 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.
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69	69	(c) The allowance on service retirement of section 88-74 and the service benefit limitation therein shall not apply to retirement allowances [which] that 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."
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71	71	SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
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73	73	SECTION 4. This Act, upon its approval, shall take effect on July 1, 2021.
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77	77	INTRODUCED BY: _____________________________
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80	80	INTRODUCED BY:
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86	86	BY REQUEST
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88	88	Report Title: Employees' Retirement System; Unused Sick Leave Credit for Public Employees Description: Changes the formula for crediting unused sick leave to retirement benefits for public employees who become members of the Employees' Retirement System after June 30, 2021. The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
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94	94	Report Title:
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96	96	Employees' Retirement System; Unused Sick Leave Credit for Public Employees
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100	100	Description:
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102	102	Changes the formula for crediting unused sick leave to retirement benefits for public employees who become members of the Employees' Retirement System after June 30, 2021.
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110	110	The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.