Internal Audit Services for Employees' Retirement System

To assist the ERS in continuing to implement and perform an internal audit function. The Employees' Retirement System of the State of Hawaii (ERS) administers a defined benefit retirement plan for the State and county government employees of the State of Hawaii. ERS provides retirement, disability, and death benefits for its members. ERS is a qualified defined benefit public pension plan under Section 401 (a) of the Internal Revenue Code. Administration of the ERS falls under the policy and executive direction of the Board of Trustees with certain areas of administrative control vested in the state Department of Budget and Finance. As one of the 100 largest public pension funds in the United States, with pension assets in excess of $26 billion and over 162,000 members, retirees and beneficiaries, the ERS is committed to performing the internal audit function of our operations. It is anticipated that the term of the Contract awarded under this RFP will commence on or around February 1, 2027, and expire on January 31, 2032, for a base term of five (5) years. The term of the Contract may be extended, at the ERS’s option for two (2) additional one (1) year terms until January 31, 2034.

• Ad to be published-RFP 2027-01 Int Audit-20261002.pdf

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• Geraldine Konishi
  geraldine.konishi@hawaii.gov(808) 586-1705