HI HB1811

Establishes separate employer contribution rates for employee base compensation and non-base compensation (overtime, differentials, bonuses, and supplementary payments) starting fiscal year 2013-2014.

Requires higher employer contribution rates on non-base compensation than base compensation: for police/firefighters/corrections officers, 23-25% on base vs. 26-28% on non-base; for all other employees, 16-17% on base vs. 19-20% on non-base (rates increase through fiscal year 2015-2016).

Does not change employer contribution rates on base compensation or increase employee contribution rates on either type of compensation.

Excludes deferred compensation deductions from the definition of non-base compensation.

Effective July 1, 2013, but does not apply to collective bargaining agreements in effect before that date.