HRS §303-4
Employer rules for earnings adjustments
This section lets each employer make its own rules for carrying out this chapter, such as how to file or revoke an election to adjust earnings, when the election starts, how to change the adjustment amount, and which insurance company to use for annuities or custodial accounts.
employers
The statute, as written — Adoption of rules
Each employer may adopt rules to implement this chapter including but not limited to: (1) The method of filing an election to accept an adjustment in earnings and revocation of the election; (2) The effective date of an election; (3) Changes in the amount of the adjustment in earnings; and (4) Selection of the insurance company or companies from which the annuity contracts are to be purchased or to which payments into a qualified custodial account are to be made.
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