Bill > SB1586

This bill modifies the composition, vacancy procedures, and voting mechanisms for the Hawaii Employer-Union Health Benefits Trust Fund Board of Trustees. The board will now consist of nine trustees instead of ten, including the director of finance as an ex officio trustee and eight appointed trustees. The appointed trustees will include three representing employee-beneficiaries (with one specifically representing retirees), two representing public employers, and three independent residents with specific professional backgrounds (including expertise in financial services and the health industry). The bill changes vacancy filling procedures to be more streamlined and removes complex nomination requirements. Voting procedures are also simplified, with each trustee now having one vote instead of the previous block voting system where public employer and employee-beneficiary trustees voted collectively. The quorum requirement is reduced from six to five trustees, with at least two representing public employers and three representing employee-beneficiaries. Additionally, the bill specifies that any board action requires at least two concurring votes, and in case of a tie vote, the motion fails. The changes aim to make the board's composition and decision-making process more efficient and representative.

Labor and Employment

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1586&year=2025