RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM FUNDING PERIOD.
Summary
Lowers the Employees' Retirement System's funding period to amortize the System's total unfunded accrued liability. Effective 7/1/3000. (HD1)
Bill status
in committee
3 of 5 stages cleared
Introduction
Jan 2024
Committee Review
Feb 2024
House Passage
Feb 2024
Senate Passage
Governor
Introduced Jan 22, 2024
Last action Feb 9, 2024
Floor votes · House Feb 9, 2024
How they voted
50–0
Passed · 1 other
Total votes 51
Feb 9, 2024
D
Democratic44
97% Yea
R
Republican7
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
8
Key actions
2
Committee
3
Feb 9, 2024
Committee
Reported from LGO (Stand. Com. Rep. No. 224-24) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
lower
Feb 9, 2024
House · Passed
House Vote: pass (50-0-1)
house
Feb 6, 2024
Lower · Passed
The committee on LGO recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Matayoshi, Garrett, Kapela, Martinez, Sayama, Tam, Alcos; Ayes with reservations: none; Noes: none; and Excused: none.
lower
Jan 26, 2024
Committee
Referred to LGO, FIN, referral sheet 3
lower
Jan 24, 2024
Introduced
Introduced and Pass First Reading.
lower
Jan 22, 2024
Introduced
Pending introduction.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Scott Saiki
DDemocratic
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