Relating To Government. [SB-935]
Includes sheriffs and deputy sheriffs to the enhanced retirement benefits category. Reduces the minimum number of years of credited service that 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. Increases employer contributions to offset the resulting liability. Effective 7/1/3000. (HD2)
SB-935: Relating To Government.
Sponsored by: Sen. Dru Kanuha
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, Reyes Oda; Ayes With Reservations: Representative(s) Alcos; Noes: None; And 2 Excused: Representative(s) Hussey, Ward. on 03/28/2025