HB 1182, HD1, Relating to Employees’ Retirement System
The House Committee on Finance Wednesday, February 22, 2017 3:00 pm, Room 308 Attention: Chair Sylvia Luke, Vice Chair Ty Cullen and Members of the Committee The University of Hawaii Professional Assembly (UHPA) supports the intent of HB 1182, HD1, requiring the Employeesʻ Retirement System (ERS) actuary to perform annual stress tests of the system and the ERS Board to submit annual reports of the tests to the legislature. Due to market indicators nationally, the ERS Board had previously taken a responsible approach [...]