ACT 017, SB936 SD2 HD1 CD1, 5/18/2017

Posted on May 19, 2017 in 2017 Acts

RELATING TO THE EMPLOYEES’ RETIREMENT SYSTEM

Extends benefit finalization period for December 31 retirements; changes interest rate for late benefit finalizations; extends deadline for employer payments under section 88-100, Hawaii Revised Statutes. Allows delegation of certain disability retirement and service connected death benefit approval functions. Incrementally increases the rates for employer contributions to the Employees’ Retirement System.

ACT 017, SB936 SD2 HD1 CD1