Monday, June 15, 1998

Mink assets top
those of her isle

She and Abercrombie
are also collecting pensions
for their City Council years

By Pete Pichaske


WASHINGTON -- Neil Abercrombie and Patsy Mink have state pensions from their years on the Honolulu City Council.

Daniel Akaka has a pension from his tenure as an educator in Hawaii, and a nifty gift print from a Maui couple as well.

Campaign '98 Daniel Inouye has modest royalties from his cameo appearance in a Hollywood movie.

All four of Hawaii's Democratic lawmakers were able to supplement their $136,600 annual congressional salary last year, according to their latest financial disclosure statements.

Mink, as in years past, is the most well-to-do of the four. Besides her congressional salary and $10,000 in retirement income from the state, she reported assets worth $516,000-$1.3 million.

(Lawmakers do not report the exact worth of assets, but merely a range of value.)

Among her assets were stocks, IRA accounts and life insurance policies.

Abercrombie's state pension of $22,400 was more than Mink's, but his assets were considerably less at $66,000-$165,000.

They included a cooperative apartment in Honolulu, an IRA and an account with the University of Hawaii Federal Credit Union.

Akaka's assets, which included IRA accounts, stocks and savings accounts, totaled $192,000-$505,000

ue8 and his state pension was $12,300.

Hawaii's junior senator also reported receiving a "proof print" from a couple from Lahaina, worth $650.

Senators are barred from accepting any gift worth $50 or more, unless it fits one of 23 exceptions or they receive a waiver from the Senate Ethics Committee.

Akaka received a waiver for his gift, according to his statement.

As for Inouye, his assets included stocks, certificates of deposits and bonds and were worth $231,000-$615,000. He also reported owning a vacant, three-acre lot in Fern Forest worth $1,000-$15,000 and a stake in a Bethesda, Md., Web site and advertising sales company with the same value.

Inouye also pulled in $224 in royalties from his appearance several years ago in the film "Karate Kid III."

Inouye appeared as himself in the film, delivering a speech. Inouye also reported an agreement with publisher Simon & Schuster to receive royalties from his 1967 autobiography, "Journey to Washington." But he received no payments from the book, which is out of print.

Lawmakers are also required to report any trips they took at the expense of special interests.

Neither Akaka nor Inouye reported any trips, but Mink took four and Abercrombie three.

Mink's trips included a five-day journey to Tokyo courtesy of the Brookings Institution, a liberal think-tank.

The others were one-day sojourns to Columbia University in New York City, Princeton University in New Jersey and Yale University in Connecticut, all related to Asian Pacific American issues.

Mink is chairwoman of the Asian Pacific American Congressional Caucus.

Abercrombie's three trips were all to make speeches.

He addressed the Graphic Communications International Union in Detroit, an Amtrak conference in Pittsburgh, and the International Association of Machinists and Aerospace Workers in Cincinnati.

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