RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM.
Summary
Amends chapter 88, HRS, to conform to updated required beginning dates and automatic cashout requirements in the Internal Revenue Code of 1986, as amended. (HD2)
Bill status
signed
all 5 stages cleared
Introduction
Jan 2025
Committee Review
Mar 2025
Senate Passage
Apr 2025
House Passage
Apr 2025
Signed into Law
May 2025
Introduced Jan 21, 2025
Signed May 15, 2025
Maddy AI version diff · 3 comparisons
What changed between versions
SB1360_HD2
→
SB1360_SD1
·
5 edits
MODERATE
This bill updates Hawaii's employee retirement system rules to comply with federal tax laws (SECURE 2.0 Act). It changes when retirees must start receiving benefits, how the system handles automatic payments, and adds presumptions about marital status when information is outdated. The changes ensure the state retirement system remains federally qualified for tax purposes.
Scope change
The bill applies to all members of the Hawaii Employees' Retirement System and modifies the timing and conditions for benefit distributions.
REQUIREMENT
Updated the required beginning date for benefit distributions to align with federal Internal Revenue Code requirements under the SECURE 2.0 Act.
Added automatic payment provisions requiring the system to initiate benefit payments by the required beginning date even if the member does not apply.
DEFINITION
Established presumptions about marital status when the system lacks current information, including assuming a spouse is 40 years younger if age is unknown.
ENFORCEMENT
Added procedures for handling cases where the system cannot locate a member, including benefit termination at life expectancy and conversion of assumed beneficiary elections.
TECHNICAL
Reorganized statutory subsections to clarify the sequence of rules regarding deemed elections and benefit recomputation.
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
36
Key actions
9
Committee
10
Amendments
2
Apr 16, 2025
Upper · Passed
Passed Final Reading. Ayes, 23; Aye(s) with reservations: none. Noes, 0 (none). Excused, 2 (Senator(s) Fevella, Ihara).
upper
Apr 15, 2025
Introduced
Reconsideration of action taken on 04-10-25 in disagreeing to the House amendments.
upper
Apr 10, 2025
Amended
Senate disagrees with House amendments.
upper
Apr 10, 2025
Introduced
Received from House (Hse. Com. No. 683).
upper
Apr 8, 2025
Lower · Passed
Passed Third Reading as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Marten excused (2). Transmitted to Senate.
lower
Mar 28, 2025
Lower · Passed
The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Alcos, Reyes Oda; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Hussey, Ward.
lower
Mar 13, 2025
Committee
Reported from LAB (Stand. Com. Rep. No. 1183) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
lower
Mar 11, 2025
Lower · Passed
The committee on LAB recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Sayama, Lee, M., Garrett, Kapela, Kong; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Reyes Oda.
lower
Mar 6, 2025
Committee
Referred to LAB, FIN, referral sheet 19
lower
Mar 4, 2025
Introduced
Received from Senate (Sen. Com. No. 311) in amended form (SD 1).
lower
Mar 4, 2025
Upper · Passed
Report adopted; Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
upper
Feb 18, 2025
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, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) DeCoite.
upper
Feb 14, 2025
Upper · Passed
The committee(s) on WAM will hold a public decision making on 02-18-25 10:01AM; Conference Room 211 & Videoconference.
upper
Feb 10, 2025
Committee
Reported from LBT (Stand. Com. Rep. No. 200) with recommendation of passage on Second Reading and referral to WAM.
upper
Feb 3, 2025
Upper · Passed
The committee(s) on LBT recommend(s) that the measure be PASSED, UNAMENDED. The votes in LBT were as follows: 5 Aye(s): Senator(s) Aquino, Lee, C., Ihara, Moriwaki, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
upper
Jan 31, 2025
Upper · Passed
The committee(s) on LBT has scheduled a public hearing on 02-03-25 3:30PM; Conference Room 224 & Videoconference.
upper
Jan 27, 2025
Committee
Referred to LBT, WAM.
upper
Jan 23, 2025
Introduced
Introduced and passed First Reading.
upper
Jan 21, 2025
Introduced
Pending Introduction.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ron Kouchi
DDemocratic
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