SB3096 • 2026

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

Labor

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: KOUCHI (Introduced by request of another party)
Last action: 2026-05-08
Official status: Enrolled to Governor.
Effective date: Not listed

Plain English Breakdown

The bill summary and official text do not provide specific details about how adjustments will be made beyond initial increases, nor does it specify the exact maximum funding period.

Increasing Employer Contributions to the Employees' Retirement System

This bill increases employer contributions for normal cost and accrued liability for police officers, firefighters, and corrections officers starting from fiscal year 2026-2027.

What This Bill Does

Increases employer contribution rates for normal cost and accrued liability for police officers, firefighters, and corrections officers starting from fiscal year 2026-2027.

Who It Names or Affects

Employers who contribute to the Employees' Retirement System for police officers, firefighters, and corrections officers.
Police officers, firefighters, and corrections officers whose retirement benefits are covered by the system.

Terms To Know

Unfunded Accrued Liability: The difference between the total value of promised future pension payments and the current assets available to pay for those promises.
Amortization Period: The time frame over which a financial obligation, such as an unfunded liability, is paid off or reduced.

Limits and Unknowns

Does not specify the exact maximum funding period.
Does not detail how adjustments to contribution rates will be made beyond the initial increases.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

CD1

Hawaii published version CD1

Plain English: SB3096 CD1 THE SENATE S.B.

SB3096 CD1 THE SENATE S.B.
NO.
3096 THIRTY-THIRD LEGISLATURE, 2026 S.D.
1 STATE OF HAWAII H.D.

HD1

Hawaii published version HD1

Plain English: SB3096 HD1 THE SENATE S.B.

SB3096 HD1 THE SENATE S.B.
NO.
3096 THIRTY-THIRD LEGISLATURE, 2026 S.D.
1 STATE OF HAWAII H.D.

SD1

Hawaii published version SD1

Plain English: SB3096 SD1 THE SENATE S.B.

SB3096 SD1 THE SENATE S.B.
NO.
3096 THIRTY-THIRD LEGISLATURE, 2026 S.D.
1 STATE OF HAWAII A BILL FOR AN ACT RELATING TO THE EMPLOYEES ' RETIREMENT SYSTEM'S EMPLOYER CONTRIBUTIONS FOR NORMAL COST AND ACCRUED LIABILITY .

Bill History

2026-05-08 S
Enrolled to Governor.
2026-05-08 S
Received notice of passage on Final Reading in House (Hse. Com. No. 888).
2026-05-06 H
Received notice of Final Reading (Sen. Com. No. 816).
2026-05-06 H
Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).
2026-05-06 S
Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.
2026-05-01 H
Forty-eight (48) hours notice Wednesday, 05-06-26.
2026-05-01 H
Reported from Conference Committee (Conf Com. Rep. No. 96-26) as amended in (CD 1).
2026-05-01 S
48 Hrs. Notice (as amended CD 1) 05-06-26.
2026-05-01 S
Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 96-26).
2026-04-28 H
The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Sayama, Lee, M., Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
2026-04-28 S
The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 2 Aye(s): Senator(s) Elefante, Richards; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.
2026-04-27 H
Conference Committee Meeting will reconvene on Tuesday 04-28-26 9:00AM in conference room 016.
2026-04-24 H
Conference Committee Meeting will reconvene on Monday 04-27-26 9:00AM in conference room 016.
2026-04-23 H
Bill scheduled for Conference Committee Meeting on Friday, 04-24-26 8:45AM in conference room 016.
2026-04-21 H
Received notice of Senate conferees (Sen. Com. No. 718).
2026-04-21 S
Senate Conferees Appointed: Elefante Chair; Richards Co-Chair; Fevella.
2026-04-20 S
Received notice of appointment of House conferees (Hse. Com. No. 787).
2026-04-20 H
House Conferees Appointed: Sayama, Lee, M. Co-Chairs; Reyes Oda.
2026-04-16 H
Received notice of disagreement (Sen. Com. No. 710).
2026-04-16 S
Senate disagrees with House amendments.
2026-04-16 S
Received from House (Hse. Com. No. 743).
2026-04-14 H
Passed Third Reading with none voting aye with reservations; none voting no (0) and none excused (0). Transmitted to Senate.
2026-04-10 H
Deferred one day 04-14-26.
2026-04-10 H
Reported from FIN (Stand. Com. Rep. No. 2056-26), recommending passage on Third Reading.
2026-04-07 H
The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Perruso, Templo, Yamashita, Gedeon, Reyes Oda; Ayes with reservations: Representative(s) Alcos; Noes: none; and 1 Excused: Representative(s) Morikawa.
2026-04-02 H
Bill scheduled for decision making on Tuesday, 04-07-26 10:10AM in conference room 308 VIA VIDEOCONFERENCE.
2026-04-02 H
The committee(s) on FIN recommend(s) that the measure be deferred until 04-07-26.
2026-03-31 H
Bill scheduled to be heard by FIN on Thursday, 04-02-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.
2026-03-20 H
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Quinlan excused (1).
2026-03-20 H
Reported from LAB (Stand. Com. Rep. No. 1257-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2026-03-17 H
The committee on LAB recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Sayama, Lee, M., Garrett, Kapela, Kong; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Reyes Oda.
2026-03-12 H
Bill scheduled to be heard by LAB on Tuesday, 03-17-26 9:30AM in House conference room 309 VIA VIDEOCONFERENCE.
2026-03-10 H
Referred to LAB, FIN, referral sheet 16
2026-03-10 H
Pass First Reading
2026-03-06 H
Received from Senate (Sen. Com. No. 108) in amended form (SD 1).
2026-03-06 S
Report Adopted; Passed Third Reading. Ayes, 24; Aye(s) with reservations: none. Noes, 0 (none). Excused, 1 (Senator(s) Ihara). Transmitted to House.
2026-03-05 S
One Day Notice 03-06-26.
2026-03-05 S
Reported from WAM (Stand. Com. Rep. No. 2779) with recommendation of passage on Third Reading.
2026-03-02 S
The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2026-02-25 S
The committee(s) on WAM deferred the measure until 03-02-26 10:01AM; Conference Room 211 & Videoconference.
2026-02-23 S
The committee(s) on WAM will hold a public decision making on 02-25-26 10:55AM; Conference Room 211 & Videoconference.
2026-02-18 S
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2026-02-18 S
Reported from LBT (Stand. Com. Rep. No. 2319) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2026-02-11 S
The committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in LBT were as follows: 4 Aye(s): Senator(s) Elefante, Lamosao, Moriwaki, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Ihara.
2026-02-09 S
The committee(s) on LBT has rescheduled its public hearing to 02-11-26 3:01PM; Conference Room 225 & Videoconference.
2026-02-09 S
Public notice requirement waived pursuant to Senate Rule 21.
2026-02-08 S
The committee(s) on LBT deleted the measure from the public hearing scheduled on 02-09-26 3:01PM; CR 225 & Videoconference.
2026-02-06 S
The committee(s) on LBT has scheduled a public hearing on 02-09-26 3:01PM; Conference Room 225 & Videoconference.
2026-01-30 S
Referred to LBT, WAM.
2026-01-28 S
Passed First Reading.
2026-01-28 S
Introduced.
2026-01-26 S
Pending Introduction.

Official Summary Text

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM'S EMPLOYER CONTRIBUTIONS FOR NORMAL COST AND ACCRUED LIABILITY.
ERS; Unfunded Accrued Liability; Employer Contribution Rates; Increase
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)

Current Bill Text

Read the full stored bill text

SB3096

THE SENATE

S.B. NO.

3096

THIRTY-THIRD LEGISLATURE, 2026

STATE OF HAWAII

A BILL FOR AN ACT

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

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

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SECTION 1.
�
Section
88-122, Hawaii Revised Statutes, is amended by amending subsection (e) to read
as follows:

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"
(e)
�
Commencing with fiscal year 2005-2006 and
each subsequent fiscal year until fiscal year 2007-2008, the employer
contributions for normal cost and accrued liability for each of the two groups
of employees in subsection (a) shall be based on fifteen and three-fourths per
cent of the member's compensation for police officers, firefighters, and
corrections officers and thirteen and three-fourths per cent of the member's
compensation for all other employees.
�

Commencing with fiscal year 2008-2009 and each subsequent fiscal year
until fiscal year 2011-2012, the employer contributions for normal cost and
accrued liability for each of the two groups of employees in subsection (a)
shall be based on nineteen and seven-tenths per cent of the member's compensation
for police officers, firefighters, and corrections officers and fifteen per
cent of the member's compensation for all other employees.
�
In fiscal year 2012-2013, the employer
contributions for normal cost and accrued liability for each of the two groups
of employees in subsection (a) shall be based on twenty-two per cent of the
member's compensation for police officers, firefighters, and corrections
officers and fifteen and one-half per cent of the member's compensation for all
other employees.
�
In fiscal year
2013-2014, the employer contributions for normal cost and accrued liability for
each of the two groups of employees in subsection (a) shall be based on
twenty-three per cent of the member's compensation for police officers,
firefighters, and corrections officers and sixteen per cent of the member's
compensation for all other employees.
�
In
fiscal year 2014-2015, the employer contributions for normal cost and accrued
liability for each of the two groups of employees in subsection (a) shall be
based on twenty-four per cent of the member's compensation for police officers,
firefighters, and corrections officers and sixteen and one-half per cent of the
member's compensation for all other employees.
�

Commencing with fiscal year 2015-2016 until fiscal year 2016-2017, the
employer contributions for normal cost and accrued liability for each of the
two groups of employees in subsection (a) shall be based on twenty-five per
cent of the member's compensation for police officers, firefighters, and
corrections officers and seventeen per cent of the member's compensation for
all other employees.
�
In fiscal year
2017-2018, the employer contributions for normal cost and accrued liability for
each of the two groups of employees in subsection (a) shall be based on twenty-eight
per cent of the member's compensation for police officers, firefighters, and
corrections officers and eighteen per cent of the member's compensation for all
other employees.
�
In fiscal year
2018-2019, the employer contributions for normal cost and accrued liability for
each of the two groups in subsection (a) shall be based on thirty-one per cent
of the member's compensation for police officers, firefighters, and corrections
officers and nineteen per cent of the member's compensation for all other employees.
�
In fiscal year 2019-2020, the employer
contributions for normal cost and accrued liability for each of the two groups
in subsection (a) shall be based on thirty-six per cent of the member's
compensation for police officers, firefighters, and corrections officers and
twenty-two per cent of the member's compensation for all other employees.
�
Commencing with fiscal year 2020-2021 and
each subsequent fiscal year[
,
]
until fiscal year 2025-2026,
the
employer contributions for normal cost and accrued liability for each of the
two groups in subsection (a) shall be based on forty-one per cent of the
member's compensation for police officers, firefighters, and corrections
officers and twenty-four per cent of the member's compensation for all other
employees.
�
Commencing with fiscal
year 2026-2027 and each subsequent fiscal year, the employer contributions for
normal cost and accrued liability for each of the two groups of employees in
subsection (a) shall be based on forty-four per cent of the member's compensation
for police officers, firefighters, and corrections officers and twenty-four per
cent of the member's compensation for all other employees.
�
The contribution rates shall amortize the
total unfunded accrued liability of the entire plan over a period not to exceed
the maximum funding period.

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The contribution rates shall be subject to
adjustment:

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(1)
�
If
the actual period required to amortize the unfunded accrued liability exceeds
the maximum funding period;

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(2)
�
If
there is no unfunded accrued liability; or

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(3)
�
Based
on the actuarial investigation conducted in accordance with section 88-105.
"

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SECTION 2.
�

Statutory material to be repealed is bracketed and stricken.
�
New statutory material is underscored.

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SECTION 3.
�

This Act, upon its approval, shall take effect on July 1, 2026.

INTRODUCED BY:

_____________________________

BY REQUEST

Report Title:

ERS; Employer Contributions

Description:

Increases employer contributions for normal cost and
accrued liability for a specified group of employees to ensure the unfunded
accrued liability of the Employees' Retirement System of the State of Hawaii does
not exceed the maximum funding period.

The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.