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State Deferred Compensation Plan Board of Trustees

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.

Ex-Officios

RYKER WADA

Department of Human Resources Development

235 S. Beretania Street, 14th Floor

State Office Tower

Honolulu, Hawaii 96813

Phone: 808-587-1100

Fax: 808-587-1106

E-mail: Ryker.Wada@hawaii.gov

RODERICK BECKER

Department of Budget & Finance Financial Administration Division

220 S. Hotel Street

Honolulu, Hawaii 96813

Phone: 808-586-1612

Fax: 808-586-1644

E-mail: Roderick.K.Becker@hawaii.gov

Employee Members

KALEI RAPOZA, Chairperson

University of Hawaii Hilo Human Resources

200 West Kawili St.

Hilo, HI 96720

Phone: 808-932-7660

Fax: 808-932-7663

E-mail: kaleihii@hawaii.edu

KALBERT YOUNG

University of Hawaii System

2444 Dole Street, Bachman Hall, Room 201

Honolulu, Hawaii 96822

Phone: 808-956-8903

Fax: 808-956-5286

E-mail: kalbert@hawaii.edu

LANCE LARSEN, JR

Department of Education Civil Rights Compliance Branch

1390 Miller Street

Honolulu, Hawaii 96813

Phone: 808-586-3322

Fax: 808-586-3331

E-mail: lance.larsen@k12.hi.us

REIKO MATSUYAMA

Department of Finance, County of Kauai

4444 Rice Street, Suite 280

Lihue, HI 96766

Phone: 808-241-4200

Fax: 808-241-6529

E-mail: rmatsuyama@kauai.gov

KEN KITAMURA

Department of Human Services

1390 Miller St., Room 205

Honolulu, HI 96813

Phone: 808-586-4856

Fax: N/A

E-mail: kkitamura@dhs.hawaii.gov

Scheduled Board Meetings

Board meeting minutes

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Securities, when presented, are offered and/or distributed by Empower Financial Services, Inc., Member FINRA/SIPC. EFSI is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser, Empower Advisory Group, LLC. This material is for informational purposes only and is not intended to provide investment, legal or tax recommendations or advice.

"EMPOWER" and all associated logos, and product names are trademarks of Empower Annuity Insurance Company of America.

The State of Hawaii Board of Trustees and the State Deferred Compensation Plan are not responsible for and do not have oversight over the content or materials on this website.

© 2022 Empower Retirement, LLC. All rights reserved.

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