Loading chat...
HI HB1187
Bill
Status
3/1/2019
Primary Sponsor
Aaron Johanson
Click for details
AI Summary
-
Appropriates additional funds from the Employees' Retirement System Pension Trust (BUF141) for fiscal years 2019-2020 and 2020-2021 (specific dollar amounts not filled in the bill text)
-
Funds mandatory migration of the Employees' Retirement System's information technology systems to the cloud and software compliance maintenance
-
Funds actuarial services required by Act 85, Session Laws of Hawaii 2017, and associated increased legal costs
-
Authorizes one full-time permanent investment officer position to manage the system's $17,000,000,000 investment portfolio
-
Authorizes two full-time permanent retirement claims examiner positions and one temporary information technology position to handle increased workload and implement statutory changes
-
Provides funding for an automated call distribution telephone system to replace the existing outdated telephone system
-
Takes effect January 1, 2051
Legislative Description
Relating To The Employees' Retirement System.
Employees' Retirement System
Last Action
Received notice of all Senate conferees being discharged (Sen. Com. No. 535).
6/22/2020