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• <br /> B . NO . <br /> 1 (1.1 Moneys transferred from the Hawaii employer-union health benefits trust fund <br /> 2 established by section 87A-30 and the other post-employment benefits trust fund established by <br /> 3 section 87A-421 <br /> 4 (11 Interest from the separate trust fund established to prefund other post-employment <br /> 5 health and other benefits plan costs for members and their beneficiaries pursuant to section 87A- <br /> 6 42 and iitcrest from the rate stabilization reserve fund; and <br /> 7 (3,) Appropriations from the legislature <br /> 8 (d) The rate stabilization reserve fund shall meet the requirements of the Governmental <br /> 9 Accounting Standards Board regarding employment benefits trusts.' <br /> 10 SECTION 5. Section 87A-42, Hawaii Revised Statutes. is amended as follows: <br /> 11 1. By amending subsection (a)to read: <br /> 12 "(a) Notwithstanding sections 87A-3 I and 87A-31.5,the board.upon terms and conditions <br /> 13 set by the board, shall establish and administer a separate trust fund for the purpose of receiving <br /> 14 employer contributions that will prefund other post-employment health and other benefit plan costs <br /> 15 for retirees and their beneficiaries. The separate trust fund shall meet the requirements of <br /> 16 the Governmental Accounting Standards Board regarding other post-employment benefits <br /> 17 trusts. The board shall establish and maintain a separate account for each public employer within <br /> 18 the separate trust fund to accept and account for each public employer's contributions. Employer <br /> 19 contributions to the separate trust fund shall be irrevocable,all assets of the fund shall be dedicated <br /> 20 exclusively to providing health and other benefits to retirees and their beneficiaries.and assets of <br /> 8 <br />