Council to address ‘pension spiking’

LIHUE — A bill for an act for possible inclusion in the 2020 Hawaii State Association of Counties Legislative Package, proposed by councilmembers Mason Chock and Council Vice Chair Ross Kagawa, is attempting to address pension reform. The goal is to combat unsustainable past practices that are referred to as “pension spiking.” The bill aims to improve the short-term viability and long-term outlook for the Employees’ Retirement System of the State of Hawaii.

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