HI HB1082 | 2025 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 23 2025 - 25% progression
Action: 2025-01-23 - Referred to LAB, FIN, referral sheet 3
Pending: House Labor & Public Employment Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Reduces the minimum number of years of credited service qualified Tier 2 Employees' Retirement System members must have to be eligible for vested benefit status for service retirement allowance purposes from ten years to five years. Increases employer contributions to offset the resulting liability.

Tracking Information

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Title

Relating To The Employees' Retirement System.

Sponsors


History

DateChamberAction
2025-01-23HouseReferred to LAB, FIN, referral sheet 3
2025-01-23HouseIntroduced and Pass First Reading.
2025-01-21HousePending introduction.

Same As/Similar To

SB1401 (Same As) 2025-02-12 - Re-Referred to WAM.

Subjects


Hawaii State Sources


Bill Comments

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