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HI HB922
Bill
Status
1/28/2015
Primary Sponsor
Joseph Souki
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AI Summary
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Impose a moratorium on benefit enhancements for the Hawaii Employer-Union Health Benefits Trust Fund (EUTF) for retired employees and dependents until the actuarial value of the separate trust fund for other post-employment benefits equals 100% of its actuarial accrued liability.
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Allow benefit enhancements that do not increase or that decrease other post-employment benefits liability to continue during the moratorium period.
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Amend the definition of "dependent-beneficiary" to change "unmarried child" to "child" to comply with the federal Patient Protection and Affordable Care Act.
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Exclude from EUTF eligibility any child born more than 10 months after an employee's death, unless the child is the natural child of the deceased employee or retiree.
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Effective July 1, 2015.
Legislative Description
Hawaii Employer-Union Health Benefits Trust Fund
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Pouha excused (1).
2/18/2015