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HB 2276

RELATING TO THE HAWAII EMPLOYER-UNION HEALTH BENEFITS TRUST FUND INVESTMENT OFFICE STAFF SALARIES.

2026 Regular Session Introduced by Nadine Nakamura

HB 2276 authorizes salary adjustments for Hawaii EUTF Investment Office staff to improve compensation and retain qualified investment professionals managing state employee health benefits.

Received notice of appointment of House conferees (Hse. Com. No. 810).
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Bill Summary · HB 2276

Legislative bill overview

HB 2276 authorizes adjustments to the salaries of staff members working in the Hawaii Employer-Union Health Benefits Trust Fund (EUTF) Investment Office. The bill has passed through the Hawaii House with unanimous committee support and has been transmitted to the Senate for consideration.

Why is this important

The EUTF manages health benefits for Hawaii's public employees and retirees, making the competence and retention of its investment staff critical to protecting billions in assets and ensuring stable benefit funding. Salary adjustments can affect the state's ability to recruit and retain qualified investment professionals who manage retirement and health benefit funds that serve thousands of state workers.

Potential points of contention

  • Lack of specific dollar amounts: The bill's language does not specify proposed salary increases, making it difficult to assess fiscal impact or whether adjustments are reasonable relative to market rates
  • Trust fund financial health: Questions may arise about whether salary increases are justified given EUTF's current funding status and investment performance
  • Transparency and justification: Limited public information about why these specific salary adjustments are needed now, compared to other workforce compensation priorities in the state budget

Compiled from official sources — confirm details with the bill’s official record.

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