Government Transparency

September 2010

Hawaii Government Employees' Retirement System

No Accountability and Improper Incentives

By Kelsey Winther

Imagine this scenario: You live next-door to a man with a nice job promising nice retirement benefits. Yet when he decides to retire, you are the one who will pay the bill. This is the situation for the retirement benefits of almost 14 percent of workers in Hawaii. While it seems logical for taxpayers to cover the benefits of public employees, this arrangement has given the state government a moral hazard to invest retirement funds in unwise and risky investments. There is little incentive for the managers of the Hawaii Employees Retirement System to insure solvency. Decisions are made by individuals with no interest in the financial success of the fund and the taxpayers who cover the losses have no say in the way funds are invested. (more)

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Government Transparency

July 2010

2010 Legislative Score Card

Did Your Legislator Pass the Freedom Test?

This year, Hawaii state legislators were put to the financial test. With a record state shortfall, the legislature came up with all types of creative solutions.

One was to raise taxes, which the House and Senate approved in more than a dozen different votes. Another “solution” was to raid almost every special fund and use the money to fill the depleted general fund. Unfortunately, spending cuts were not high on the list.

After the link, each legislator has been scored based on his or her performance in the 2010 legislative session. Scores indicate the percentage of votes in which legislators voted in favor of limited government and greater individual liberty. While a few legislators seized the shortfall as an opportunity to make tough spending decisions, the vast majority voted to continue for the status quo—excessive spending and even higher taxes for the people of Hawaii. (more)

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Government Transparency

July 2009

2009 Hawaii Legislative Scorecard

Did Your Legislator Pass the Freedom Test?

Which Hawaii state legislators toed the party line this session? Who opted for some of the largest tax increases in state history? Who voted in favor of big government and against small businesses? These answers and more can be found in the second annual Hawaii Legislative Scorecard, just released by the Grassroot Institute of Hawaii. The new report ranks state legislators based on their commitment to upholding freedom and liberty during the 2009 legislative session. (more)

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