United States — Hawaii
HRS § 87A-7 - Chair, vice-chair, and secretary-treasurer
1 provisions
The trustees must elect a chair, a vice-chair, and a secretary-treasurer from among the members.
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United States — Hawaii
1 provisions
The trustees must elect a chair, a vice-chair, and a secretary-treasurer from among the members.
United States — Hawaii
1 provisions
Trustees must serve without compensation, but may be reimbursed from the fund for reasonable expenses tied to carrying out the fund’s purposes.
United States — Hawaii
1 provisions
The attorney general must act as legal adviser to the board and provide legal representation for the Hawaii employer-union health benefits trust fund.
United States — Hawaii
1 provisions
This section limits some pension payments, ends certain pensions when a beneficiary remarries or a minor turns 18, and gives a surviving spouse or reciprocal beneficiary 60% in one case.
United States — Hawaii
1 provisions
This provision says certain spouse-related terms include civil union partners and civil unions, unless that would conflict with tax-qualified plan requirements.
United States — Hawaii
1 provisions
State and county pension contributions must include certain additional actuarial costs, and the employee’s last employer must pay the extra contributions.
United States — Hawaii
1 provisions
The system is responsible for administering and paying certain pensions and allowances starting June 5, 1953.
United States — Hawaii
1 provisions
The board of trustees must classify each member into one of the listed groups, and it may approve another group if recommended by the actuary.
United States — Hawaii
1 provisions
The board of trustees must keep proceedings records open to public inspection and publish yearly reports with specified financial and actuarial details.
United States — Hawaii
1 provisions
The employees' retirement system must disclose certain deduction information and records to specified fund/employee groups, and recipients must follow the same disclosure restrictions as the originating agency.
United States — Hawaii
1 provisions
State and county departments or agencies must provide required information to the system in the format the system sets, and the system can require electronic payroll/personnel details.
United States — Hawaii
1 provisions
The board of trustees must keep needed data in a convenient form.
United States — Hawaii
1 provisions
The actuary must conduct periodic actuarial investigations and make specified recommendations and annual valuations for the system.
United States — Hawaii
1 provisions
If a records or calculation error causes someone to be paid too much or too little, the board of trustees must correct the error.
United States — Hawaii
1 provisions
The board may settle benefits claims, but settlements that would give someone benefits they are not otherwise legally entitled to receive need the attorney general’s approval.
United States — Hawaii
1 provisions
The board of trustees must allocate the system’s interest and other earnings each year among specified funds, with different treatment for certain excess investment earnings in fiscal years 1995 through 1999.
United States — Hawaii
1 provisions
Cash may be kept on deposit for retirement-related disbursements, but only within set percentage limits.
United States — Hawaii
1 provisions
The system’s assets are assigned to three funds: the annuity savings fund, the pension accumulation fund, and the expense fund.
United States — Hawaii
1 provisions
This provision adds monthly pension bonuses and special cost-of-living bonuses for eligible retirees and pensioners, with different amounts and eligibility rules based on retirement date, years of service, disability, and age.
United States — Hawaii
1 provisions
The board of trustees are the trustees for the system’s funds, and the trustees may invest, reinvest, hold, buy, sell, assign, transfer, or dispose of those funds and related investments within the limits of the law.