Bill Text: HI SB2871 | 2024 | Regular Session | Introduced
Bill Title: Relating To The Employees' Retirement System.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2024-01-24 - Referred to LBT/PSM, WAM. [SB2871 Detail]
Download: Hawaii-2024-SB2871-Introduced.html
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THE SENATE |
S.B. NO. |
2871 |
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THIRTY-SECOND LEGISLATURE, 2024 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to the employees' retirement system.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 88-73, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) Any member who:
(1) Became a member before July 1, 2012, and has at least five years of credited service and has attained age fifty-five;
(2) Became a member before July 1, 2012, and has at least twenty-five years of credited service;
(3) Has at least
ten years of credited service, [which] that includes service
as a judge before July 1, 1999, an elective officer, or a legislative officer;
(4) Becomes a member after June 30, 2012,
and has at least ten years of credited service and has attained age sixty; [or]
(5) Becomes a member after June 30, 2012,
and has at least twenty-five years of credited service and has attained age
fifty-five[,]; or
(6) Becomes a member after June 30, 2012, and has at least twenty-five years of credited service that includes service as a sheriff, deputy sheriff, or police officer of which the last five or more years prior to retirement is credited in that capacity,
shall become eligible to receive a retirement allowance after the member has terminated service."
SECTION 2. Section 88-281, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:
"(b) If a member has at least twenty-five years of
credited service as a sewer worker, sheriff, deputy
sheriff, police officer, or as a water safety officer of which the last
five or more years prior to retirement is credited in [such a] that
capacity, then the sewer worker, sheriff, deputy sheriff, police officer,
or water safety officer shall be eligible to receive a retirement benefit
unreduced for age after the member has terminated service."
SECTION 3. Section 88-331, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) A class H member who:
(1) Became a member before July 1, 2012, has at least five years of credited service, and has attained age sixty-two;
(2) Became a member before July 1, 2012,
has at least thirty years of credited service, and has attained the age of
fifty-five; [or]
(3) Becomes a member after June 30, 2012,
has at least ten years of credited service, and has attained age sixty-five; [or]
(4) Becomes a member after June 30, 2012,
has at least thirty years of credited service, and has attained age sixty[,];
or
(5) Has at least twenty-five years of credited service that includes service as a sheriff, deputy sheriff, or police officer of which the last five or more years prior to retirement is credited in that capacity,
shall become eligible to receive a retirement allowance after the member has terminated service."
SECTION 4. This Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun before its effective date.
SECTION 5. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 6. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
ERS; Retirement; Sheriff; Deputy Sheriff; Police Officer
Description:
Authorizes a sheriff, deputy sheriff, or police officer to retire after twenty-five years of service and receive employment benefits through the Employees' Retirement System.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
