STAND. COM. REP. NO. 817-20

Honolulu, Hawaii

, 2020

RE: H.B. No. 2485

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2020

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 2485, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO HAWAII NATIONAL GUARD RETIREMENT BENEFITS,"

begs leave to report as follows:

The purpose of this measure is to require the Board of Trustees of the Employees' Retirement System to conduct a study and recommend state retirement benefits for Hawaii National Guard members who are activated under state active duty orders.

Your Committee received testimony in support of this measure from the Veterans Caucus of the Democratic Party of Hawaii, Pride @ Work – Hawaii, and three individuals. Your Committee received testimony in opposition to this measure from the Board of Trustees of the Employees' Retirement System.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2485, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

SYLVIA LUKE, Chair