Allows the Hawaii employer-union health benefits trust fund board to set salaries for upper management staff.

This bill amends the Hawaii Revised Statutes to allow the board of trustees of the Hawaii employer-union health benefits trust fund to establish salaries for upper management staff. The bill addresses the challenge of attracting and retaining qualified upper management staff by enabling the board to set salaries that are competitive with the private sector. The salaries of the administrator, assistant administrator, and chief investment officer will be set by the board.

Allows the Hawaii employer-union health benefits trust fund board to set salaries for upper management staff.

This bill amends the Hawaii Revised Statutes to allow the board of trustees of the Hawaii employer-union health benefits trust fund to establish salaries for upper management staff. The bill addresses the challenge of attracting and retaining qualified upper management staff by enabling the board to set salaries that are competitive with the private sector. The salaries of the administrator, assistant administrator, and chief investment officer will be set by the board.