Employees' Retirement System (Department of Budget and Finance)
Regular Meeting of the Human Resources Committee of the Board of Trustees of the Employees' Retirement System of the State of Hawaii
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What's Being Discussed
The Human Resources Committee of the Hawaii Employees' Retirement System (ERS) — the state pension fund for public workers — is holding a regular meeting to discuss staffing and leadership matters, including:
- A review of the committee's recent activities and schedule
- Leadership succession planning for the ERS as a whole
- An update on the search for a new Chief Investment Officer
- Plans to implement a new state law (Act 149, 2026) that removes certain top ERS positions from the standard civil service hiring process, allowing the agency more flexibility in recruiting and setting salaries. Positions affected include:
- Information Security Officer
- Deputy Executive Director
- Chief Compliance Officer
- A proposal to also exempt the Information Systems Branch Chief (an IT leadership role) from civil service rules
The committee will also hold a closed-door executive session to privately discuss a personnel matter involving the Chief Compliance Officer.
Decisions Expected
- Approval of meeting minutes from June 17, 2026
- Discussion and possible direction on salary recommendations and hiring plans for several key leadership roles
Who Should Pay Attention
- State and county employees who are members of the Hawaii ERS pension system
- Retirees who receive ERS pension benefits
- Anyone interested in how the ERS hires and compensates its top executives
- People interested in public employee pension fund management in Hawaii
Public testimony is welcome in person or by video/phone. Written comments must be submitted by 4:30 p.m. on August 11, 2026, to dale.kanae@hawaii.gov.
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