Establishes a deferred retirement option program for police officers in Hawaii.
The bill establishes a deferred retirement option program for police officers in Hawaii. Eligible officers who have reached the service requirements for normal retirement can enroll in the program. Participants will have their retirement allowance suspended and will not accrue additional service credit or retirement benefits during their reemployment period. The program aims to incentivize qualified officers to continue working beyond the requisite twenty-five years of service.
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