Hawaii HB1662 amends pension and retirement systems to classify certain law enforcement administrators and employees as class A members, aligning.

Hawaii HB1662 introduces changes to the pension and retirement systems by classifying specific law enforcement administrators and employees as class A members. This includes the director of law enforcement, deputy directors of the department of law enforcement, the sheriff, and sheriff division investigators. The bill aims to provide guidance for the computation of their retirement benefits, similar to those of police officers. It also outlines the contribution rates for these members and adjusts the employer contributions for normal cost and accrued liability over several fiscal years.

Hawaii HB1662 amends pension and retirement systems to classify certain law enforcement administrators and employees as class A members, aligning.

Hawaii HB1662 introduces changes to the pension and retirement systems by classifying specific law enforcement administrators and employees as class A members. This includes the director of law enforcement, deputy directors of the department of law enforcement, the sheriff, and sheriff division investigators. The bill aims to provide guidance for the computation of their retirement benefits, similar to those of police officers. It also outlines the contribution rates for these members and adjusts the employer contributions for normal cost and accrued liability over several fiscal years.