Under HRS chapter 88E, the Board of Trustees ("Board") for the State Deferred Compensation Plan (also known as the Island $avings Plan) is responsible for overseeing the Plan, and selecting the Plan's Third Party Administrator and investment options. These investment options include annuities, life insurance, savings accounts, mutual funds and other types of investment options that are commonly offered in the securities industry or by other deferred compensation plans.
The Board consists of the following seven members: (1) the State director of human resources development, or his or her designee, (2) the State director of finance, or his or her designee, and (5) five other members who are public employees and are appointed by the Governor and confirmed by the Senate.
Department of Human Resources
235 S. Beretania Street, 14th Floor
State Office Tower
Honolulu, Hawaii 96813
BRIAN MOTO, Chairperson
University of Hawaii Maui College
310 Kaahumanu Avenue, Kupa'a Suite 202
Kahului, HI 96732
University of Hawaii Hilo Human Resources
200 West Kawili St.
Hilo, HI 96720