ROH §6-42.2

City Deferred Compensation Plan Trust Fund

Read the official text at honolulu.gov ↗

This section says that money city employees put into a special retirement savings plan, plus anything bought with it and any earnings, must be kept in a separate trust outside the city's main bank account. This trust is for the sole benefit of the people in the plan and their heirs.

employees

The ordinance, as written (Honolulu County) — Purpose

A copy, taken August 22, 2026. The version published by Honolulu is the one that governs, and it may have changed since. Check it before relying on anything here.

All amounts of compensation deferred under the Internal Revenue Code § 457 public employee deferred compensation plan of the City and County of Honolulu as well as property and rights purchased with such amounts and all income attributable to such amounts, property and rights shall be recorded in the deferred compensation fund and shall be held in trust outside the city treasury in accordance with § 457 of the Internal Revenue Code for the exclusive benefit of the plan’s participants and its beneficiaries. )

Read the official text at honolulu.gov ↗as published Jan 1, 2026our copy taken Aug 22, 2026

Published by the City and County of Honolulu through American Legal Publishing.

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.