States / Hawaii / HB 1082

HB 1082 In Committee

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Reduces the minimum number of years of credited service 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.

Chamber
House
Introduced
Jan 21, 2025
Last action
Jan 21, 2025 — Pending introduction.
Session
2026
Momentum
28 · Low