HI HB1143 | 2012 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 26 2011 - 25% progression, died in chamber
Action: 2011-12-01 - Carried over to 2012 Regular Session.
Text: Latest bill text (Amended) [HTML]

Summary

Reduces the investment return yield rate assumption for ERS for the fiscal year ending 06/30/11, to 7 3/4%. Authorizes the ERS board of trustees to set the investment return yield rate assumption after 06/30/11, based on recommendations of the actuary.

Tracking Information

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Title

Employees' Retirement System; Board of Trustees; Powers and Duties; Actuarial Assumptions

Sponsors


History

DateChamberAction
2011-12-01 Carried over to 2012 Regular Session.
2011-02-26 (H) The committee(s) recommends that the measure be deferred.
2011-02-23 (H) Bill scheduled to be heard by FIN on Friday, 02-25-11 1:30PM in House conference room 308.
2011-02-16 (H) Passed Second Reading and referred to the committee(s) on FIN with none voting no (0) and Chong, Souki, Wooley excused (3).
2011-02-16 (H) Reported from LAB (Stand. Com. Rep. No. 344), recommending passage on Second Reading and referral to FIN.
2011-02-08 (H) The committees on LAB recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 11 Ayes: Representative(s) Rhoads, Yamashita, Aquino, Cullen, Ichiyama, M. Lee, Luke, Souki, Takumi, Fontaine, Johanson; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Saiki.
2011-02-04 (H) Bill scheduled to be heard by LAB on Tuesday, 02-08-11 9:00AM in House conference room 309.
2011-01-26 (H) Referred to LAB, FIN, referral sheet 2
2011-01-26 (H) Introduced and Pass First Reading.
2011-01-24 (H) Pending introduction.

Hawaii State Sources


Bill Comments

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