Hawaii HB2276 allows the Hawaii Employer-Union Health Benefits Trust Fund to set salaries for investment office staff.
Hawaii HB2276 amends Hawaii Revised Statutes to allow the board of trustees of the Hawaii Employer-Union Health Benefits Trust Fund to establish salaries for the trust fund's investment office staff. The bill addresses the difficulty in attracting and retaining qualified investment staff due to lower salaries in state employment compared to the private sector. The board is authorized to set salaries for the trust fund's investment office staff, including the administrator, investment officers, and investment analysts, to be competitive with the private sector.
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