The Employees’ Retirement System (ERS) of the State of Hawaii was established in 1926 to provide retirement allowances and other benefits to State and county government employees. The Board of Trustees is the governing body of the ERS, with certain areas of administrative control vested in the State Department of Budget and Finance.
12.3% Short Term Investments & Cash
29% Fixed Income
8.5% Real Estate
Asset allocation as of June 30, 2021. All information is as per the most recent annual report or other publicly available data via the fund's website