Hawaii SB731 expands the categories of retirants who can be reemployed without losing benefits.

Hawaii SB731 amends the Employees' Retirement System to allow certain retirees to be reemployed without losing their retirement benefits. Specifically, it adds positions such as investigators in the departments of law enforcement and the attorney general to the list of roles where reemployment is permissible. The bill also mandates that employers contribute to the pension fund to cover the unfunded actuarial accrued liability. The changes take effect on July 1, 2025.

Hawaii SB731 expands the categories of retirants who can be reemployed without losing benefits.

Hawaii SB731 amends the Employees' Retirement System to allow certain retirees to be reemployed without losing their retirement benefits. Specifically, it adds positions such as investigators in the departments of law enforcement and the attorney general to the list of roles where reemployment is permissible. The bill also mandates that employers contribute to the pension fund to cover the unfunded actuarial accrued liability. The changes take effect on July 1, 2025.