Haw. Rev. Stat. § 88-90.5
Actuarial assumptions
Hawaii · Hawaii Revised Statutes Chapter 88 — Pension and Retirement Systems · Status: effective
Cite this
- Citation
- Haw. Rev. Stat. § 88-90.5, Actuarial assumptions, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2396258
- Permanent ID
ys:prov:2396258@1- SHA-256
9061e57fcd023b5571eb1e866ff1501606e1c7f99ff083fee2cf1f7f4f037457
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) Notwithstanding any provision in this chapter to the contrary, the board may approve the effect of the post retirement allowance under section 88-90, or of any other mandatory fixed scheduled increase in the benefits payable under part II, VII, or VIII, as an actuarial assumption for the purpose of determining the value of the options available under sections 88-83, 88-283, and 88-333.
(b) Subject to the recommendation of the actuary appointed under section 88-29, the board may adopt, by motion at any duly noticed meeting of the board, actuarial tables, factors, and assumptions for the purposes of parts II, VII, and VIII. The tables, factors, and assumptions that are used to compute benefits shall be in writing and certified by the executive director.