SB 3099 Hawaii Senate · 2024 Regular Session

RELATING TO THE EMPLOYEESꞌ RETIREMENT SYSTEM.

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. Appropriates funds for investments of the ERS. Effective 7/1/3000. (HD1)

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2024

Committee Review

Mar 2024

Senate Passage

Mar 2024

House Passage

Governor

Introduced Jan 24, 2024 Last action Mar 21, 2024

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 21, 2024

Committee

Reported from LGO (Stand. Com. Rep. No. 1257-24) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Mar 19, 2024

Lower · Passed

The committee on LGO recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Matayoshi, Garrett, Kapela, Martinez, Tam; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Sayama, Alcos.

lower

Mar 7, 2024

Committee

Referred to LGO, FIN, referral sheet 16

lower

Mar 5, 2024

Introduced

Received from Senate (Sen. Com. No. 264) in amended form (SD 2).

lower

Mar 5, 2024

Upper · Passed

Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.

upper

Mar 1, 2024

Upper · Passed

The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Shimabukuro.

upper

Feb 28, 2024

Upper · Passed

The committee(s) on WAM will hold a public decision making on 03-01-24 9:55AM; Conference Room 211 & Videoconference.

upper

Feb 14, 2024

Committee

Reported from LBT (Stand. Com. Rep. No. 2359) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Feb 9, 2024

Upper · Passed

The committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in LBT were as follows: 5 Aye(s): Senator(s) Aquino, Moriwaki, Ihara, Fevella, Lee; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 6, 2024

Upper · Passed

The committee(s) on LBT has scheduled a public hearing on 02-09-24 3:15PM; CR 224 & Videoconference.

upper

Jan 26, 2024

Committee

Referred to LBT, WAM.

upper

Jan 24, 2024

Introduced

Introduced.

upper

1 primary · 0 co-sponsors