HRS §88-22
Setting up the state employee retirement system
This section creates the retirement system for state employees, giving it the legal powers of a corporation. It is named the Employees' Retirement System of the State of Hawaii and can sue, be sued, do business, invest money, and hold property under that name.
employees
The statute, as written — System established; name
There shall be a retirement system for the purpose of providing retirement allowances and other benefits for employees. It shall have the powers and privileges of a corporation and shall be known as the "Employees' Retirement System of the State of Hawaii" and by that name may sue or be sued, transact all of its business, invest all of its funds, and hold all of its cash and securities and other property.
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