States / Hawaii / SB 3096

SB 3096 Enacted

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM'S EMPLOYER CONTRIBUTIONS FOR NORMAL COST AND ACCRUED LIABILITY.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Increases employer contribution rate for normal cost and accrued liability for police officers, firefighters, and corrections officers to ensure that the amortization period for the unfunded accrued liability of the State's Employees' Retirement System does not exceed the maximum funding period. Takes effect 7/1//2027. (CD1)

Chamber
Senate
Introduced
Jan 26, 2026
Last action
Jan 26, 2026 — Pending Introduction.
Session
2026
Momentum
84 · Very high