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HI HB1662
Bill
Status
Introduced
1/21/2026
Primary Sponsor
Jackson Sayama
Click for details
AI Summary
- Classifies certain Department of Law Enforcement personnel as Class A members of Hawaii's pension system, including the director, deputy directors, sheriff, and sheriff division investigators, effective July 1, 2026
- Requires these law enforcement personnel to contribute 12.2% of compensation to the annuity savings fund (or 14.2% for members joining after June 30, 2012) instead of the standard 7.8-9.8% employee contribution rate
- Provides enhanced retirement benefit of 2.5% of average final compensation per year of service for qualifying positions, matching the benefit formula for police officers, firefighters, and corrections officers
- Allows early retirement without age reduction for personnel with at least 25 years of credited service in qualifying law enforcement positions, with the last five years before retirement in those capacities
- Caps maximum retirement allowance at 80% of average final compensation for covered law enforcement personnel
Legislative Description
Relating To Allowance On Service Retirements.
Contributions
Last Action
The committee(s) on LAB recommend(s) that the measure be deferred.
2/3/2026
Committee Referrals
Labor & Public Employment1/26/2026
Full Bill Text
No bill text available