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HI HB828

Bill

Status

Introduced

1/25/2017

Primary Sponsor

Scott Saiki

Click for details

Origin

House of Representatives

2017 Regular Session

AI Summary

  • Removes legislative officers from Class A membership in the Employees' Retirement System effective July 1, 2017, making them ineligible for the same retirement benefits as judges and elected officials who entered service prior to that date.

  • Creates separate retirement benefit formulas for members who become employees after June 30, 2017, establishing new subsections (j) through (m) in section 88-74 with adjusted benefit calculation percentages and age requirements.

  • Modifies average final compensation calculations for elective officers under section 88-81(g) by removing references to legislative officers and adjusting the computation structure for members entering service after June 30, 2012.

  • Updates section 88-76 to limit the application of enhanced retirement allowances for judges, elective officers, and legislative officers to those in service prior to July 1, 2017.

  • Effective date is July 1, 2017, with the changes not affecting rights, duties, or proceedings that matured or began before the effective date.

Legislative Description

Relating To The Employees' Retirement System.

ERS

Last Action

The committee(s) on LAB recommend(s) that the measure be deferred.

2/9/2017

Committee Referrals

Labor & Public Employment1/27/2017

Full Bill Text

No bill text available