What's Being Discussed

• Plan Administrator's Report: An overview of how the State's Deferred Compensation Plan is performing, including participation numbers by department and updates on communications and local offices.
• Investment Performance Review: Segal Marco Advisors, the plan's investment consultant, will present a performance report covering the second quarter of 2026.
• Possible Fund Changes: Segal Marco Advisors will make a recommendation about changing one or more investment funds available in the plan, followed by board discussion.
• 2026 Employees' Benefits Fair: The board will discuss an upcoming benefits fair on O'ahu.
• Part-Time, Temporary, and Seasonal (PTS) Plan Report: A review of financial activity for the PTS Plan, including funds that were not deposited into state or county treasuries during the period ending June 30, 2026.

Decisions Expected

• Approval of meeting minutes from the July 8, 2026 session.
• Approval of the PTS Plan quarterly management report and report on undeposited funds.
• A potential vote on changing investment fund options based on the consultant's recommendation.

Who Should Pay Attention

• State and county employees enrolled in Hawaii's Deferred Compensation Plan, which is a voluntary retirement savings program.
• Part-time, temporary, and seasonal government workers covered under the PTS Plan.
• Anyone interested in how the state manages public employee retirement savings and investments.

The meeting is open to the public in person or virtually via Microsoft Teams. Public testimony is welcome and can also be submitted in writing by email to liann.j.h.tokuda@hawaii.gov at least three days before the meeting.