HRS §88F-9
State and county not responsible for deferred pay or investments
This section says the State or county cannot be held responsible for money that is deferred or for what happens with any investment product. It protects the government from liability in these situations.
everyone
The statute, as written — Limitation on liability
The State or county shall not be liable for the sums deferred or the results of any investment product.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.