Admin Table of Contents
- 1 What is the retirement age in Hawaii?
- 2 Who is eligible for Hawaii Employees Retirement System loans?
- 3 What does it mean to be vested with the state of Hawaii?
- 4 Do Hawaii teachers get a pension?
- 5 Where can I get help with my federal retirement benefits?
- 6 Where can I find information about my Social Security retirement benefits?
- 7 Can I still get an estimate of my retirement benefits?
What is the retirement age in Hawaii?
Age for Receiving Full Social Security Retirement Benefit3
| Year of Birth | Full Retirement Age |
|---|---|
| 1957 | 66 and 6 months |
| 1958 | 66 and 8 months |
| 1959 | 66 and 10 months |
| 1960 or later | 67 |
Who is eligible for Hawaii Employees Retirement System loans?
All public employees who work at least 20 hours per week and have a job that is at least 90 days long can qualify for the ERS. Employees who qualify must become members and they must contribute to the plan. How much you contribute will depend on when you became a member and your occupation.
Is retiring in Hawaii a good idea?
With its beautiful sceneries, fantastic weather, and fun activities, Hawaii can be a paradise for retirees. The island offers many opportunities for you to safely relax and enjoy life. But if you’re wealthy and love living an adventurous life, then Hawaii will be a wonderful place for you to retire.
What does it mean to be vested with the state of Hawaii?
As a vested member, if you leave your contributions with the ERS and return to a State or County job covered by ERS before you retire, you will return as a vested Hybrid Plan member unless you are required by law to join the Contributory Plan and will continue to earn retirement service credit.
Do Hawaii teachers get a pension?
Under normal retirement eligibility requirements, a Hawaii teacher qualifies for full pension benefits at age 65 with 10 years of service, or age 60 with 30 years of service (whichever comes first).
Which Hawaiian island is best for retirees?
Hilo, Big Island Hilo tops this list as the best place to retire in Hawaii for its reasonable cost of living and relaxing lifestyle. In fact, it’s much cheaper than the more popular cities in Hawaii. The cost of living index is 18% less expensive than the state average, according to AreaVibes.
Where can I get help with my federal retirement benefits?
If you’ve retired from the federal government or plan to, get to know the Office of Personnel Management (OPM)’s retirement services. You can contact them for help with your federal retirement benefits. Federal Employee Retirement Planning and Management OPM has information to help you:
Where can I find information about my Social Security retirement benefits?
See the SSA website (external link) for more information about the Social Security portion of your retirement benefit. This website covers the Federal Employees Retirement System. Through the menu links on the left, you can find information about the following FERS retirement topics:
Where can I get help with my civil service retirement?
Civil Service Retirement. If you’ve retired from the federal government or plan to, get to know the Office of Personnel Management (OPM)’s retirement services. You can contact them for help with your federal retirement benefits. Federal Employee Retirement Planning and Management. OPM has information to help you: Learn about retirement options
Can I still get an estimate of my retirement benefits?
If you are currently receiving only Medicare benefits, you can still get an estimate. For more information go to this link for our publication Retirement Information For Medicare Beneficiaries. If you cannot use the Retirement Estimator or you want a survivors or disability benefit estimate, please use one of our other benefit Calculators.