Pension reform

Hawaii’s public pension system has unfunded liabilities conservatively estimated at almost $13 billion, with Hawaii taxpayers now picking up the tab. The Grassroot Institute of Hawaii has been in the forefront of working to bring about reform of the system, including offering options that would help resolve its unfunded liabilities, to protect both our public employee retirees and Hawaii taxpayers.

Pension woes hit Kauai big

Earlier this year, the Kauai County Council admirably balanced its budget without the need for a tax increase. But now, it might be tempted to raise taxes after all, or cut services to make room for the extra dollars earmarked for the pension fund. READ MORE.