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HI SB933
Bill
Status
1/25/2017
Primary Sponsor
Ronald Kouchi
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AI Summary
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Authorizes the Board of Trustees of the Employees' Retirement System to appoint investment professionals in addition to investment officers under the chief investment officer's direction.
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Exempts investment officers and investment professionals, including investment specialists, from chapters 76 and 89 of Hawaii Revised Statutes (civil service and public employee bargaining agreement requirements).
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Allows current investment specialists employed on the effective date to elect irrevocably to remain subject to chapter 76 civil service requirements.
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Takes effect on July 1, 2017.
Legislative Description
Relating To Investment Personnel Of The Employees' Retirement System.
Employees' Retirement System
Last Action
Re-Referred to LBR, WAM.
1/17/2018