Bill Text: HI SB231 | 2024 | Regular Session | Introduced

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Bill Title: Relating To The Employees' Retirement System.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2023-12-11 - Carried over to 2024 Regular Session. [SB231 Detail]

Download: Hawaii-2024-SB231-Introduced.html

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THE SENATE	S.B. NO.	231
THIRTY-SECOND LEGISLATURE, 2023
STATE OF HAWAII

A BILL FOR AN ACT

 

 

relating to the employees' retirement system.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 

     SECTION 1.  The legislature finds that state law requires a police officer employed after June 30, 2012, to meet both age and years of service requirements for retirement.  An officer hired after this date is required to have twenty-five years of service and have attained fifty-five years of age.  According to a study by the National Center for Biotechnology Information, the years of potential life lost for police officers are twenty‑one times greater than that of the general population.  Police officers generally have shorter life expectancy due to stress, shift work, obesity, and exposure to hazardous work environments.  The study also found that a male police officer who reached fifty years of age between 1950 and 2005 was expected to live only 7.8 additional years, while a male in the general population of the United States that reached fifty years of age in the same time period was expected to live an additional thirty-five years.  Further, male police officers fifty to fifty-four years of age had a nearly forty per cent probability of death compared to a one per cent probability for males in the general population in the same age category.

     The legislature further finds that, upon considering the results of this study, eliminating the minimum retirement age requirement for police officers and maintaining the twenty-five years of service requirement may help to reduce the mortality rate risk factor for police officers.  For example, an officer who joins the police department at twenty years of age would have the option to retire at forty-five years of age, which would significantly reduce the possibility of health risk factors associated with police work.  Additionally, the Honolulu and Maui police departments have developed a lateral transfer program to attract former officers from Hawaii or elsewhere to transfer to Honolulu or Maui, but the retirement requirements of twenty-five years of service and minimum age of fifty-five discourage many qualified individuals from transferring.

     The purpose of this Act is to provide an incentive to recruit and retain more police officers.

     SECTION 2.  Section 88-73, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:

     "(a)  Any member who:

     (1)  Became a member before July 1, 2012, and has at least five years of credited service and has attained age fifty-five;

     (2)  Became a member before July 1, 2012, and has at least twenty-five years of credited service;

     (3)  Has at least ten years of credited service, which includes service as a judge before July 1, 1999, an elective officer, or a legislative officer;

     (4)  Becomes a member after June 30, 2012, and has at least ten years of credited service and has attained age sixty; or

     (5)  Becomes a member after June 30, 2012, and has at least twenty-five years of credited service [and has attained age fifty-five],

shall become eligible to receive a retirement allowance after the member has terminated service."

     SECTION 3.  Section 88-99, Hawaii Revised Statutes, is amended to read as follows:

     "[[]§88-99[]]  Moratorium on benefit enhancements.  There shall be no benefit enhancements under this chapter for any group of members, including any reduction of retirement age, until [such time as] the actuarial value of the system's assets is one hundred per cent of the system's actuarial accrued liability[.]; provided that any prohibition on the reduction of retirement age shall not apply to any member subject to section 88-73(a)(5)."

     SECTION 4.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 5.  This Act shall take effect upon its approval.

 

INTRODUCED BY:	_____________________________
	By Request

 

 

Report Title:

Maui County Council Package; ERS; Retirement Age

 

Description:

Repeals the minimum age requirement for individuals who become an Employees' Retirement System member after 6/30/2012, and who have at least 25 years of credited service.

 

 

 

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.