Erroneous contributions from compensation of class C members; contributions from overpaid compensation
HRS §88-46.6
in effect88-46.6. Erroneous contributions from compensation of class C members; contributions from overpaid compensation
Regular interest shall be credited to a class C member on any deductions erroneously made from the compensation of the member and paid into the annuity savings fund. The interest shall continue until the earlier of:
(1) Refund of the deductions to the member; or
(2) Return of the deductions to the member's
employer.
The foregoing shall not require the payment of
interest on deductions made from any amounts that exceed the compensation to
which a member is entitled.
[L 2007, c 215, §1]
Source: Hawaii State Legislature (capitol.hawaii.gov), via Internet Archive capturesURL: http://www.capitol.hawaii.gov/hrscurrent/Vol02_Ch0046-0115/HRS0088/HRS_0088-0046_0006.htmFetched: 11/10/2026
