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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.
Pouring more tax money into the pension debt has not fixed the problem.
Realistic calculations show Hawaii pension unfunded liabilities are $35 billion.