Actuarial Valuation Reports

Other Post-Employment Benefits (OPEB)

Public employees in the State of Hawaii (“State”) and its political subdivisions (the “counties”) are generally eligible to receive retiree healthcare benefits that are partiallly or fully subsidized by the employers.  These benefits are provided through the Hawaii Employee-Union Health Benefits Trust Fund (EUTF) or an established Voluntary Employees’ Beneficiary Association (VEBA) trust, which contract with providers of medical, dental, vision, and life insurance plans.

The EUTF provides coverage for public employees in the State and the counties with the exception of the members of certain employee associations who provide coverage through a seperate VEBA trust.

The actuarial valuation reports on the EUTF and the VEBA trust were prepared in accordance with Governmental Accounting Standards Board published statements No. 43 and No. 45.


The reports listed below are provided in Adobe Acrobat Portable Document Format (PDF) and require the Adobe Acrobat Reader for viewing and printing.

Workers Compensation

The State of Hawaii generally self-insures its workers’ compensation losses.  The Department of Human Resources Development administers workers compensation claims for the Legislative and the Executive Branches except for the Department of Education, University of Hawaii and the Hawaii Health Systems Corporation.  The Judicial Branch administers its own claims.