What's Being Discussed
The Board of Trustees of the Employees' Retirement System (ERS) — the agency that manages pension benefits for Hawaii state and county workers — is holding a four-day special meeting and investment education summit at the Ritz-Carlton Oahu, Turtle Bay from October 6–9, 2026.

Tuesday (private session): Trustees preview the agenda for the week ahead.
Wednesday (closed to the public): Trustees review the overall investment portfolio, analyze risks, study how assets match future obligations, and examine investment strategies across stocks, private equity, real estate, and credit markets. Leadership succession planning is also on the agenda.
Thursday & Friday (education summit): Expert speakers present on topics including macroeconomic trends, artificial intelligence investing, private credit markets, U.S. public policy, and investment leadership. A special session covers Hawaii-targeted investments.

Decisions Expected

The Board is expected to vote on three investment strategic plans: Global Credit, Real Assets, and Private Equity — which guide how billions in retirement funds are invested going forward.
A debrief session on Friday will discuss improvements to future education events.

Who Should Pay Attention

State and county employees and retirees whose pension benefits depend on how ERS investments perform.
Hawaii taxpayers, since the state contributes to the retirement system.
Anyone interested in how public pension funds are managed and invested.

Public testimony can be submitted by email to dale.kanae@hawaii.gov or by mail, with receipt recommended by 4:30 p.m. on Monday, October 5, 2026. In-person testimony is also welcome.