HI HB1264

Authorizes courts to decree forfeiture of Employees' Retirement System (ERS) benefits for members, former members, or retirants convicted of employment-related felonies, as a civil penalty under HRS section 706-605(8).

Forfeitable benefits include interest, hypothetical account balances exceeding employee contributions, pensions, annuities, and retirement allowances, though designated beneficiaries may receive benefits if not convicted of a felony based on the same circumstances.

Defines "related to employment" felonies to include crimes using official position, state or county resources, bribery, embezzlement or theft of government property or funds, and felonies against persons under the employee's custody or supervision.

Requires the ERS to comply with certified court orders to reduce, suspend, or deny payments and specifies the system is not liable for recouping payments made before receiving the forfeiture order.

Takes effect January 1, 2050, and does not apply to felonies committed prior to enactment or to non-forfeitable accrued benefits under existing law; does not impair benefits accrued before the effective date.