§88-282 Service retirement allowance.
Upon retirement from service, a member shall receive a retirement allowance as
follows:
(1) If the member has met the requirements in section
88-281(a), (b), (d), or (e), a maximum retirement allowance of one and
one-fourth per cent of the average final compensation multiplied by the number
of years of credited service; or
(2) If the member has met the requirements in section
88-281(c), an early retirement allowance equal to the maximum retirement
allowance reduced by one-half per cent for each month the member is less than
age sixty-two at retirement. [L 1984, c 108, pt of §8; am L 1987, c 117, §5; am
L 2001, c 101, §2; am L 2005, c 58, §19]
Notes of Decisions
Honda ex rel. Honda v. Bd. of Trs. of the Employees' Ret. Sys., 118 P.3d 1155 (Haw. 2005).
· cites it 54× “The legislature, however, has conceded that HRS §§ 88-282 and -283 were confusing. [15] *1164 The House Standing Committee Report related that [y]our Committee notes that the [ERS] membership has experienced some confusion as to whether the normal retirement allowance in the…”
Haw. Rev. Stat. § 88-282(a): 1 case
Honda ex rel. Honda v. Bd. of Trs. of the Employees' Ret. Sys., 118 P.3d 1155 (Haw. 2005).
“The legislature, however, has conceded that HRS §§ 88-282 and -283 were confusing. [15] *1164 The House Standing Committee Report related that [y]our Committee notes that the [ERS] membership has experienced some confusion as to whether the normal retirement allowance in the…”
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