Hawaii Revised Statutes 88-99 – Moratorium on benefit enhancements
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Terms Used In Hawaii Revised Statutes 88-99
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
There shall be no benefit enhancements under this chapter for any group of members, including any reduction of retirement age, until such time as the actuarial value of the system’s assets is one hundred per cent of the system’s actuarial accrued liability.