UA-131046696-1 [slim_seo_breadcrumbs]

Hawaii makes significant gains to rebuild financial reserves – Hawaii 24/7 (press release)

See on Scoop.itPRG HAWAII NEWS WITH RUSS ROBERTS

Hawaii makes significant gains to rebuild financial reserves
Hawaii 24/7 (press release)
With the signing of three bills, the State of Hawaii committed to making good on its past and future obligations.

Russell Roberts‘s insight:

The new laws help fund the Hurricane Relief fund and help create a funding mechanism for the Hawaii Employer-Union Health Benefits Trust Fund.  State Finance Director Kalbert Young tells "Hawaii 24/7" that "Hawaii will be the only state in the country where government employees have a statutory required mandated funding course toward 100 percent pre-funding for post-employment benefit liabilities."  This could be game changer for the state’s unfunded liabilities.  Aloha, Russ.

See on www.hawaii247.com

Retired News director of Pacific Radio Group Radio Stations on Hawaii-the Big Island. I have more than 40 years of broadcast experience, including positons at KTUH-FM (UH-Manoa), KPOI-FM (Honolulu). KHLO-AM (Hilo), KKBG-FM (KBIG-FM)(Hilo/Kona), KAPA-FM (Hilo-Kona). Native-FM (Hilo-Kona), and ESPN Hawaii (Hilo-Kona). Former University of Hawaii-Hilo librarian. Retired Air Force Officer. Amatuer (Ham) Radio operator since 1977 (currently holds the Amateur Extra Class License from the FCC-KH6JRM).... Can read, write, and speak Russian. Retired on 30 September 2011, but still maintains a Hawaii Island News Blog.

Posted in prgnewshawaii
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