Hawaii Revised Statutes

Haw. Rev. Stat. § 88-29 (2026)

  Officers, employees, legal adviser

✓ current as of July 2026
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     §88-29  Officers, employees, legal adviser.  The board shall elect from its membership a chairperson, and by a majority vote of all its members, shall appoint an executive director and a chief investment officer who shall be exempt from chapter 76 and serve under and at the pleasure of the board.  Effective July 1, 2007, the salaries of the executive director and chief investment officer shall be set by the board.  The board shall engage actuarial and other services as shall be required to transact the business of the system.  The compensation for all services engaged by the board, and all other expenses of the board necessary for the operation of the system, shall be paid at rates and in amounts the board shall approve.

     The attorney general or an appointed representative may serve as legal adviser to the board or the board may select its own legal counsel. [L 1925, c 55, §5(8), (11); RL 1935, pt of §7924; RL 1945, pt of §707; RL 1955, §6-66; HRS §88-29; am L 1969, c 110, pt of §1; am L 1990, c 142, §2; am L 1992, c 39, §1; am L 1999, c 167, §1; am L 2000, c 253, §150; am L 2003, c 118, §2; am L 2007, c 215, §3; am L 2013, c 23, §3]

 

 

Notes of Decisions
Cited in 1 case, 1998–1998 · leading case: Chun v. Bd. of Trs., 952 P.2d 1215 (Haw. 1998).
Chun v. Bd. of Trs., 952 P.2d 1215 (Haw. 1998). · cites it 12× “ad represented the Board itself only two months prior to the hearing and, therefore, (b) he was subject to a conflict of interest; and (3) to postpone the Board’s hearing of the Retirees’ appeal until (a) the recently established seat of a “retirant”' member of the Board had…”
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