Establishes a deferred retirement option program for police officers in Hawaii to incentivize continued service.
The bill creates a deferred retirement option program for police officers in Hawaii. Eligible officers who have met the service requirements for normal retirement can enroll in this program. Participants can work for up to 120 months, with a maximum total tenure of 35 years. Enrollment ends if an officer cannot work actively for over 20 days excluding vacations. Participants do not pay into the retirement system but accrue sick and vacation leave credits. They receive healthcare benefits as retirees.
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