Hawaii retirement savings special fund

HRS §389-8, under Chapter 389.

HRS §389-8

[§389-8] Hawaii retirement savings special fund. (a) There is established within the state treasury a Hawaii retirement savings special fund, into which shall be deposited:

(b) All moneys in the special fund are appropriated for the purposes of and shall be expended by the department to pay the administrative costs and expenses of the program, program manager, matching contributions to participant accounts, and the administrative costs and expenses that the board incurs in the performance of its duties under this chapter, and to reimburse the general fund of the State of Hawaii for the initial expenses incurred for initiating, implementing, maintaining, and administering the program. [L 2022, c 296, pt of §2]