Budget, Finance, and Economic Development Committee (2025-2027) - 2026-03-10
Meeting Intelligence Preview
Meeting Summary
The Budget, Finance, and Economic Development Committee received an update from the Employees Retirement System (ERS) showing the county contributes approximately $65-67 million annually to ERS with a 63.5% funded status.
Key Decisions (1)
Acquisition of Kaeyhu Bay Property at 104A Lower Waiahu Beach Road
Market Signals (3)
Other
ERS employer contribution rates are 24% of salary for general…
Other
County of Maui is projected to reach 100% funded status…
Labor
Approximately 12,500 of 66,826 active ERS members are eligible to…
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