Pensions
Hawaii ERS Misses Benchmark, Target Rate With 2.6% Return in Fiscal 2023
The pension fund increased its asset value to nearly $22.3 billion for the year that ended June 30.
Tag: Hawaii Employees’ Retirement System
Newsmakers
Hawaii ERS Names Kristin Varela as New CIO
Coming from New Mexico’s PERA, where she was deputy, the new chief replaces Elizabeth Burton.
Alternatives
Hawaii Makes $25M Venture Capital Investment for Local Growth
The state pension plan said local fund managers can expect to see an increase in commitments.
Risk
Hawaii ERS Blasts Past Its Benchmarks
Pension fund returns 5.8%, a whole point-plus more than the goal.
Research
Pew: Hawaii’s State Pension Ready to Withstand Recession
Increased contributions and stress tests are key to Hawaii’s financial health.
Risk
Hawaii State Pension Unfunded Liability Rises to Record $13.4 Billion
Actuary forecasts it will take 25 years for retirement system to become fully funded.
Newsmakers
Hawaii Retirement System Names Elizabeth Burton CIO
Head of Maryland’s quant strategies group will replace Vijoy Chattergy.
Newsmakers
Hawaii ERS Strengthens ESG Goals by Joining UN-Backed Commission
Fund expected to boost impact allocations over the long term.