§303-4  Adoption of rules.  Eachemployer may adopt rules to implement this chapter including but not limitedto:

(1)  The method of filing an election to accept anadjustment in earnings and revocation of the election;

(2)  The effective date of an election;

(3)  Changes in the amount of the adjustment inearnings; and

(4)  Selection of the insurance company or companiesfrom which the annuity contracts are to be purchased or to which payments intoa qualified custodial account are to be made. [L 1967, c 40, pt of §1; HRS§303-4; am L 1999, c 123, §2(5)]