Hawaii retirement plan distributions state tax

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      Home » Retirees » Pension Information

      Pension Information

      2024 Pension Payment Dates

      Semi-monthly Only*	All Pension Payments
      January 12	January 31
      February 15	February 29
      March 15	March 28
      April 15	April 30
      May 15	May 31
      June 14	June 28
      July 15	July 31
      August 15	August 30
      September 13	September 30
      October 15	October 31
      November 15	November 29
      December 13	December 31

      *Effective July 1, 2011, only those who meet ALL three exemption requirements are eligible to receive semi-monthly payments:

      1. Gross semi-monthly payment is $400 or less ($800 per month) on January 1, 2011
      2. Attain 80 years old on January 1, 2011 (i.e. date of birth is before January 2, 1931)
      3. Began receiving semi-monthly payments by 12/31/2002

      The following are changes that are allowed after retirement. Please submit the appropriate forms to ERS for processing.

      Change	Form to Use	Remarks
      Bank Account and/or Financial Institution	ERS 210 Direct Deposit Agreement	Confirm that pension payment is deposited to new account before closing old account
      Federal Income Tax Withholding	2024 W-4P Pension Tax Withholding Form & FAQ	Refer to tax withholding tables for approximate federal income taxes to be withheld
      Mailing Address	ERS 211 Mailing Address Change	To ensure receipt of 1099-R tax statement, annual pension statement, Holomua newsletters, and ERS correspondence.

      The process, plan information, forms and deadlines

      * Does not apply to Retirees or Beneficiaries

      Estimate for your retirement benefits

      Annual Comprehensive Financial Report (ACFR)

      Employees' Retirement System
      of the State of Hawaii
      City Financial Tower (Map)
      201 Merchant St, Ste 1400
      Honolulu, HI 96813-2980

      Notice

      The material and the information on the Hawaii Employees’ Retirement System website are intended for sole distribution by the ERS (intended distributor) and sole use by ERS members (intended recipient), and is not intended for distribution, reproduction, or other use by unintended distributors and unintended recipients. The ERS reserves all rights and privileges regarding the distribution, reproduction, or other use of the material and the information herein. Unintended distributors and unintended recipients are prohibited from distributing, reproducing, modifying, and otherwise using the material and the information herein, except as provided by law.

      The ERS does not use, affiliate with, or endorse any financial consultant or third-party to contact ERS members regarding their ERS retirement benefits. ERS members should contact the ERS directly to address questions regarding their ERS retirement benefits. If you are an ERS member who has been contacted by any financial consultant or third-party purporting to represent, be affiliated with, or endorsed by the ERS, please notify ERS immediately.