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HI HB2277

Bill

Official Source

Status

Introduced

1/28/2026

Primary Sponsor

Nadine Nakamura

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Increases employer contribution rates for the Employees' Retirement System beginning fiscal year 2026-2027, raising the rate from 41% to 44% of compensation for police officers, firefighters, and corrections officers
  • Maintains the current 24% employer contribution rate for all other state employees
  • Amends Section 88-122 of the Hawaii Revised Statutes governing employer contributions for normal cost and accrued liability
  • Ensures the unfunded accrued liability of the state retirement system does not exceed the maximum funding period
  • Takes effect July 1, 2026

Legislative Description

Relating To The Employees' Retirement System's Employer Contributions For Normal Cost And Accrued Liability.

ERS

Last Action

Referred to LAB, FIN, referral sheet 5

1/30/2026

Committee Referrals

Labor & Public Employment1/30/2026

Full Bill Text

No bill text available