Hawaii Revised Statutes 88-139 – Return of contributions
Terms Used In Hawaii Revised Statutes 88-139
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- county: includes the city and county of Honolulu. See Hawaii Revised Statutes 1-22
Any service member may resign from the system at any time, if the service member so chooses, and upon such resignation the service member shall be entitled to the return of the service member’s accumulated contributions as provided in §§ 88-96 and 88-341, including any amount to the service member’s credit in the annuity savings fund which shall have been contributed by the State or any county under the Servicemen’s Act, but the service member shall cease to be entitled to any of the benefits of the Servicemen’s Act or of sections 88-131 to amendment or repeal reserved; retroactive effect” class=”unlinked-ref” datatype=”S” sessionyear=”2019″ statecd=”HI”>88-142, except the return of accumulated contributions, upon the effective date of the service member’s resignation.