Bill Text: HI SB431 | 2022 | Regular Session | Amended

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Bill Title: Relating To The Employees' Retirement System.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2021-12-10 - Carried over to 2022 Regular Session. [SB431 Detail]

Download: Hawaii-2022-SB431-Amended.html

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THE SENATE	S.B. NO.	431
THIRTY-FIRST LEGISLATURE, 2021		S.D. 1
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:

 

     SECTION 1.  Act 87, Session Laws of Hawaii 2015, is amended as follows:

     1.  By amending section 2 to read:

     "SECTION 2.  The employees' retirement system shall submit to the legislature reports on the progress of state and county departments and agencies in their efforts to comply with section 88-103.7, Hawaii Revised Statutes, as amended by this Act, by July 1, [2020.] 2024.  The reports shall be submitted at least twenty days prior to the convening of the regular sessions of 2016, 2017, 2018, 2019, [and] 2020[.], 2021, 2022, 2023, and 2024.

     All state and county departments and agencies shall cooperate with the employees' retirement system when the system makes reasonable requests for information."

     2.  By amending section 4 to read:

     "SECTION 4.  This Act shall take effect on July 1, [2020;] 2024; provided that section 2 shall take effect upon approval."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect upon its approval.

 

 

Report Title:

City and County of Honolulu Mayor's Package; Employees' Retirement System

 

Description:

Extends the effective date of Act 87, Session Laws of Hawaii 2015, to 7/1/2024 to provide state and county departments and agencies with additional time to comply with new employees' retirement system reporting standards.  Requires the employees' retirement system to submit annual progress reports to the legislature through 2024.  (SD1)

 

 

 

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