HRS §88-282
Service retirement allowance
This section explains how your retirement pay is calculated when you retire. If you meet the normal retirement rules, you get a set percentage of your average final pay for each credited year. If you retire early under a special rule, your pay is reduced for each month you are under age 62.
employees
The statute, as written — 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.
Sections this one refers to
§88-281 Service retirement
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