United States — Hawaii
HRS § 88-25 - Vacancy
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If a trustee office becomes vacant, it must be filled for the rest of the term, usually the same way it was filled before.
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United States — Hawaii
1 provisions
If a trustee office becomes vacant, it must be filled for the rest of the term, usually the same way it was filled before.
United States — Hawaii
1 provisions
This section says which Part II provisions apply to this part for Class C public officers and employees, and lists several exceptions.
United States — Hawaii
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Trustees must serve without compensation, but they may be reimbursed for necessary expenses and any loss of salary or wages caused by serving the board.
United States — Hawaii
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This section defines certain words and phrases used in this part, and defines "Member" as a class C member described in section 88-47.
United States — Hawaii
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Each trustee must take and file an oath of office within 10 days after appointment or election.
United States — Hawaii
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The board may hold a meeting closed to the public for certain executive-session purposes.
United States — Hawaii
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Certain class A or B members, and some water safety officers, may elect class C membership if they meet the listed conditions and filing deadlines.
United States — Hawaii
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Credited service includes several kinds of service, and some listed service must be credited at no cost or on certification by the system.
United States — Hawaii
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This section sets rules for class C members and retirants who leave and later return to service, including service-credit restoration, suspension of retirement allowance, and limits on changing a beneficiary.
United States — Hawaii
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Each trustee gets one vote, five concurring votes are needed for a trustee decision at a board meeting, and the board must from time to time adopt rules for administering the system funds and business.
United States — Hawaii
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Members can qualify for retirement benefits after meeting service and age requirements, and a member may apply to retire in writing to the board within a set filing window.
United States — Hawaii
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A member retiring from service must receive a retirement allowance, with the amount calculated under one of two formulas depending on which requirements in section 88-281 are met.
United States — Hawaii
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Members may choose among retirement allowance options, and the system must provide required notices and handle beneficiary-related procedures and deadlines.
United States — Hawaii
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This provision lets certain members with at least 10 years of credited service be retired for ordinary disability if the medical board certifies permanent incapacity; it also sets when benefits may start and how the retirement allowance is calculated.
United States — Hawaii
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An eligible member must receive a maximum retirement allowance equal to 35% of the member’s average final compensation.
United States — Hawaii
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This section gives death benefits to a surviving spouse, reciprocal beneficiary, and children under 18 if the member dies in specified ordinary or accidental circumstances.
United States — Hawaii
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The board must choose a chairperson, appoint an executive director and chief investment officer, and approve pay and expenses. The attorney general or a representative may act as legal adviser, and the board may choose its own counsel.
United States — Hawaii
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The board may appoint one or more investment officers through its executive director, under the chief investment officer’s direction. Those officers are exempt from chapter 76.
United States — Hawaii
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When a pensioner dies, the payment due next is prorated to the date of death and paid to the designated beneficiary, or to the estate’s personal representative if there is no filed designation.
United States — Hawaii
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The actuary must serve as technical adviser to the board of trustees on matters about operating the system’s funds, and perform any related duties required.