Haw. Code R. § 1.06 - Committees of the Board

(a) Standing committees shall be established by the board to address critical issues in the major functional areas of the Fund:
(1) The Administrative Committee will have combined administrative and finance committee functions;
(2) The Benefits Committee will have benefits and communication committee functions.
(3) The Investment Committee will review the reports of the Investment Consultant and report to the Board of Trustees on the Fund's investments.
(b) The board may establish other committees to address matters related to the operation or administration of the Fund or to investigate issues that impact the Fund.
(c) Committees shall operate informally and shall make recommendations to the full board. Meetings of all standing committees will comply with Part I of Chapter 92 of the Hawaii Revised Statutes.
(d) A minimum of four trustees (two trustees from each trustee group) shall be assigned to a committee. The assigned number of trustees may be larger for certain committees provided that an equal number of trustees are assigned from each trustee group.
(e) Attendance of at least one trustee from each trustee group shall be necessary to convene a committee meeting.
(f) Committees may select a chairperson and any other officers as deemed necessary by the board.
(g) Committee chairpersons shall coordinate assignments to the administrator and other Fund staff for their respective committees.
(h) Trustees in attendance shall agree within their working committees on recommendations made to the full board. When there is no agreement by the trustees in attendance, the committee shall present a summary of the disagreement(s) to the full board.

Notes

Haw. Code R. § 1.06
Eff 8/13/2016 Eff 10/18/2019 Am 12/1/2023

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