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A retirement system is a network of pension plans that states use to help public employees save for retirement. Each state has at least one retirement system and an organization that administers ...
The state got just what it was expecting in its Christmas stocking. Unfortunately, it was another lump of coal – more bad news about the state of Hawaii Employee Retirement System, which covers both ...
The Board of Trustees of the Employees’ Retirement System of the State of Hawaii (ERS) is pleased to announce that Elizabeth Burton, Managing Director of the Quantitative Strategies Group at the ...
There’s a new president in the White House, vaccines are rolling out across the country and Hawaii’s largest pension fund is on track to achieve its best fiscal year in a decade as it takes ...
How the Retirement System Works in Hawaii The ERS in Hawaii is a defined contribution plan. This simply means that employees contribute a certain amount of their salaries to the plan.
Last year, then-Gov. David Ige signed into law the Hawaii Retirement Savings Program, establishing a state-run system for private sector employees whereby workers could opt in to having a certain ...
Wesley Machida is resigning as executive director of the $13.9 billion Hawaii Employees' Retirement System to become the state's director of finance and the head of the Department of Budget and ...
“It’s an honor and an enormous privilege to be appointed to this position,” Hawaii Employees Retirement System Incoming Chief Investment Officer Kristen Varela said in a statement.
ERS provides retirement, disability, survivor and other benefits to more than 113,000 members that worked for the state of Hawaii or the counties.
The trustees of the Hawaii Employees' Retirement System have approved a consultant's plan to streamline the cost of calculating retirement benefits.
ALBANY, N.Y. — New York State Comptroller Thomas P. DiNapoli recently announced reductions in employer contribution rates to the New York State and Local Retirement System (NYSLRS) for both of ...
Hawaii Employees' Retirement System is one pension fund that eschews traditional asset allocation.
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