BEGIN:VCALENDAR PRODID:-//Hawaii Public Meetings and Events Calendar//111284234//EN VERSION:2.0 CALSCALE:GREGORIAN BEGIN:VEVENT DTSTAMP:20261026T124716Z DTSTART:20251216T090000 DTEND:20251217T000000 SUMMARY:Meeting of the Deferred Compensation Plan Board of Trustees UID:20261026T124716Z-uidGen@fe80:0:0:0:410:d2ff:fefd:e5dd%ens5 TZID:HST LOCATION:Department of Human Resources Development\, 14th Floor Director' s Conference Room\, 235 S. Beretania Street\, State Office Tower\, Honol ulu\, Hawaii 96813 DESCRIPTION:

AMENDED

STATE OF HAWAII

DEFERRED COMPENSATION PLAN\n

~~BOARD OF TRUSTEES~~

\n
\;NOTICE OF PUBLIC MEETING
\n
\;
\n
DATE: \; \; \; \; \; D ecember 16\, 2025
\n
TIME: \; \ ; \; \; \; 9:00 a.m.
\n
PLACE: \; \; \; \; Departme nt of Human Resources Development (DHRD)
\n
14^{th Floor Director&rsquo\;s Conference Room}
\n
235 S. Beretania Street\, State Office Tower
\n
Honolulu\, Haw aii 96813 \; \;
\n
AGENDA
\n
~~T HIS IS A REMOTE MEETING USING INTERACTIVE CONFERENCE TECHNOLOGY (ICT)~~
\n
BOARD MEMBERS &\; MEMBERS OF THE PUBLIC MAY AT TEND IN-PERSON OR VIRTUAL
\n
TELECONFERENCE AND DI AL IN DETAILS PROVIDED BELOW
\n
1. \;& nbsp\; \; \; \; Welcome and Introduction of Board Members
\n2. \; \; \; \; \; Public Testimony\n
3. \; \; \; \; \; Approval of Minutes No. 462 for the September 19\, 2025\, meeting
\n
4.< span style="font-variant-numeric: normal\; font-variant-east-asian: norm al\; font-variant-alternates: normal\; font-size-adjust: none\; font-lan guage-override: normal\; font-kerning: auto\; font-optical-sizing: auto\ ; font-feature-settings: normal\; font-variation-settings: normal\; font -variant-position: normal\; font-variant-emoji: normal\; font-stretch: n ormal\; font-size: 7pt\; line-height: normal\; font-family: 'Times New R oman'\;"> \; \; \; \; \; 5. \; \; \; \; \; Discussion an d Election of New Board Chairperson and Vice Chairperson and Action Ther eon
\n
6. \; \; \; \; \; Plan Administrator&rsquo\;s Report\, including:
\n
a. \; Key Plan D ata\, including Commentary
\n
b. \; Participation by Department
\n
c. \; Asset and Participants
\n
d. \; Executive Summary
\n
e. \; f. \; Lifetime Income Score
\n
g. \; Cash Flow
\n
h.< span style="font-variant-numeric: normal\; font-variant-east-asian: norm al\; font-variant-alternates: normal\; font-size-adjust: none\; font-lan guage-override: normal\; font-kerning: auto\; font-optical-sizing: auto\ ; font-feature-settings: normal\; font-variation-settings: normal\; font -variant-position: normal\; font-variant-emoji: normal\; font-stretch: n ormal\; font-size: 7pt\; line-height: normal\; font-family: 'Times New R oman'\;"> \; Investment Strategy Utilization
\n
i. \; Asset Alloca tion by Fund
\n
j. \; How Your Plan Compares
\n
k. \; Participant Activity
\n
l. \; Communications and Education Update
\n
m. \; ~~Local Offic e Update~~
\n
7. \; \; \; \; \; Performance Evaluation Performance Report for the Third Quarter 2025 by Segal Marco Advisors
\n
8 . \; \; \; \; \; Presen tation of the Annual Report for the PTS Deferred Compensation Retirement Plan for Part-Time\, Temporary\, and Seasonal/Casual Employees (PTS Pla n) for Plan Year 2024-2025 by Life Insurance Company of the Southwest
\n
9. \; \; \; \; \; Discussion of the Part-time\, Temporary\, and Seasonal/C asual Plan (PTS Plan) Reports including:
\n
a. \; Approval of Report on Funds Not Deposit ed in the State/County Treasuries for the Period Ending September 30\, 2 025
\n
\;
\n
b. \; Quarterly Management Report for the Period Ending September 30\, 2025
\n
&nbs p\;
\n
Members of the public who wish to attend the meeting virtually may join via the Microsoft Teams meeting link at: https://teams.microsoft.com/meet/241308841 67191?p=lWxlZjczd28nd40hTg or the dial-in audio conferencing line at: +1-808-829-4853\, phon e conference ID:763086264.
\n
Members of the public who wish to attend th e meeting in-person are asked to check in with building security to obta in a visitor&rsquo\;s pass and follow all social distancing protocols po sted in the building. A government issued ID needs to be exchanged for a visitor&rsquo\;s pass and will be returned to the visitor when the visi tor&rsquo\;s pass is returned to security.
\n
Written testimony may be su bmitted to the Board prior to the meeting via email to liann.j.h.tokuda@hawaii.gov or via postal mail to 235 S. Beretania Street\, State Office Tower\, Honolulu\, Hawaii 96813\, Attn: Deferred Compensation Plan Boar d of Trustees\, Board Meeting Testimony. Please include in the written t estimony which Agenda Item the testimony is being submitted for. Written testimony is requested to be submitted 3 days in advance of the meeting to allow Board members adequate time to review materials.
\n
There will be a special testimony period at the beginning of the meeting to accommo date those who cannot remain for the entire meeting\, but testimony from all other interested persons will be taken immediately before each Agen da Item. Testimony is requested to be limited to 3 minutes.
\n
Interested persons may view the Board packet for this meeting at the Empower Honol ulu office at 1100 Alakea Street\, Suite 1550\, Honolulu\, Hawaii 96813 or on the Board's website at https://islandsavings.empower-retirement.com/participant/#/login . \;
\n
If you need an auxiliary aid/service or other accommodation due to a disability\, contact LiAnn Tokuda at 808-58 7-1076 or liann.j.h.tokuda@hawaii.gov as soon as possible\, preferably 3 business days in advance of the meeting. If a response is received les s than 3 business days before the meeting\, we will try to obtain the au xiliary aid/service or accommodation\, but we cannot guarantee the reque st will be fulfilled. Upon request\, this notice is available in alt ernate formats such as large print\, Braille\, or electronic copy.
X-ALT-DESC;FMTTYPE=text/html:
AMENDED
\n
\;
\n
S TATE OF HAWAII
\n
DEFERRED COMPENSATION PLAN
\n
BOARD OF TRUSTEES
\n \;NOTICE OF PUBLIC MEETING
\n
&nbs p\;
\n
DATE: \; \; \; \ ; \; December 16\, 2025
\n
TIME: \; \; \; \; \; 9:00 a.m.\n
PLACE: \; \; \; \; Department of Human Resources Development (DHRD)\n
14^th Floor Director&rsquo\;s Conference Room
\n
235 S. Beretania Street\, State Office Tower
\n
Honolulu\, Hawaii 96813 \; &nbs p\;
\n
AGENDA
\n
THIS IS A REMOTE MEETING USING INTERACTIVE CONFERENCE TE CHNOLOGY (ICT)
\n
BOARD MEMBERS &\; MEMBERS OF THE PUBLIC MAY ATTEND IN-PERSON OR VIRTUAL
\n
TELE CONFERENCE AND DIAL IN DETAILS PROVIDED BELOW
\n
1.< span style="font-variant-numeric: normal\; font-variant-east-asian: norm al\; font-variant-alternates: normal\; font-size-adjust: none\; font-lan guage-override: normal\; font-kerning: auto\; font-optical-sizing: auto\ ; font-feature-settings: normal\; font-variation-settings: normal\; font -variant-position: normal\; font-variant-emoji: normal\; font-stretch: n ormal\; font-size: 7pt\; line-height: normal\; font-family: 'Times New R oman'\;"> \; \; \; \; \; 2. \; \; \; \; \; Public T estimony
\n
3. \; \; \; \; \; App roval of Minutes No. 462 for the September 19\, 2025\, meeting
\n
4. \; \; \; \; \; Approval of Minutes N o. 463 for the October 29\, 2025\, meeting \; \;
\n
5. \; \; \; \; \; < !--[endif]-->Discussion and Election of New Board Chairperson and Vice Chairperso n and Action Thereon
\n
6. \; \;&n bsp\; \; \; Plan Administrator&rsquo\;s Repor t\, including:
\n
a. \; Key Plan Data\, including Commentary
\n
b.< span style="font-variant-numeric: normal\; font-variant-east-asian: norm al\; font-variant-alternates: normal\; font-size-adjust: none\; font-lan guage-override: normal\; font-kerning: auto\; font-optical-sizing: auto\ ; font-feature-settings: normal\; font-variation-settings: normal\; font -variant-position: normal\; font-variant-emoji: normal\; font-stretch: n ormal\; font-size: 7pt\; line-height: normal\; font-family: 'Times New R oman'\;"> \; Participation by Department\n
c. \; Asset and Partic ipants
\n
d. \; E xecutive Summary
\n
e. \; Account Registration and Protection
\n
f. \; Lifetime Income Score
\ng. \; Cash Flow
\ n
h. \; Investment Strategy Utilization
\n
i. \; Asset Allocation by Fund
\n
j. \; How Your Plan Compares
\n
k. \; Participant Activity
\n
l. \; Communications and Edu cation Update
\n
m. \; Local Office Update
\n
7. \;&nbs p\; \; \; \; Performance Evaluation Perfo rmance Report for the Third Quarter 2025 by Segal Marco Advisors\n
8. \; \; \; \; \; Presentation of the Annual Report for the PTS Deferred Compen sation Retirement Plan for Part-Time\, Temporary\, and Seasonal/Casual E mployees (PTS Plan) for Plan Year 2024-2025 by Life Insurance Company of the Southwest
\n
9. \; \; \;& nbsp\; \; Discussion of the Part-time\, Temporary \, and Seasonal/Casual Plan (PTS Plan) Reports including:
\n
a. \; Approval of Report on Funds Not Deposited in the State/County Treasuries for the Period Ending September 30\, 2025
\n
\;
\n
b. \; Quarterly Management Report for the Period Ending Sep tember 30\, 2025
\n
\;
\n
Members of the public who wish to attend the meet ing virtually may join via the Microsoft Teams meeting link at: https://teams.microsoft.c om/meet/24130884167191?p=lWxlZjczd28nd40hTg or the dial-in audio conferencing line at: +1-80 8-829-4853\, phone conference ID:763086264.
\n
Members of the public who wish to attend the meeting in-person are asked to check in with building security to obtain a visitor&rsquo\;s pass and follow all social distan cing protocols posted in the building. A government issued ID needs to b e exchanged for a visitor&rsquo\;s pass and will be returned to the visi tor when the visitor&rsquo\;s pass is returned to security.
\n
Written te stimony may be submitted to the Board prior to the meeting via email to liann.j.h.tokuda@hawaii.gov or via postal mail to 235 S. Beretania Stre et\, State Office Tower\, Honolulu\, Hawaii 96813\, Attn: Deferred Compe nsation Plan Board of Trustees\, Board Meeting Testimony. Please include in the written testimony which Agenda Item the testimony is being submi tted for. Written testimony is requested to be submitted 3 days in advan ce of the meeting to allow Board members adequate time to review materia ls.
\n
There will be a special testimony period at the beginning of the m eeting to accommodate those who cannot remain for the entire meeting\, b ut testimony from all other interested persons will be taken immediately before each Agenda Item. Testimony is requested to be limited to 3 minu tes.
\n
Interested persons may view the Board packet for this meeting at the Empower Honolulu office at 1100 Alakea Street\, Suite 1550\, Honolul u\, Hawaii 96813 or on the Board's website at https://islandsavings.empower-retirement.com/pa rticipant/#/login. \;
\n
If you need an auxiliar y aid/service or other accommodation due to a disability\, contact LiAnn Tokuda at 808-587-1076 or liann.j.h.tokuda@hawaii. gov as soon as possi ble\, preferably 3 business days in advance of the meeting. If a respons e is received less than 3 business days before the meeting\, we will try to obtain the auxiliary aid/service or accommodation\, but we cannot gu arantee the request will be fulfilled. Upon request\, this notice is available in alternate formats such as large print\, Braille\, or elect ronic copy.
END:VEVENT END:VCALENDAR