Voters oppose lawmakers' 'high-three' pension

By Mike Yuen
Star-Bulletin

The so-called "high-three" pension perk for legislators is opposed by nearly nine out of every 10 voters, according to the latest Honolulu Star-Bulletin poll.

The statewide survey found that 86 percent of registered voters disapproved of it, while only 11 percent approved. Three percent were undecided.

High disapproval cut across all demographic indicators, with no gender, race or age gap. Nor were the results different on Oahu or on the neighbor islands.

Disapproval ranged from 79 percent from Japanese Americans to 90 percent from those 55 to 64 years old.

Lawmakers appear to be on track to reform the pension perk this legislative session. Last week, the House Labor Committee unanimously passed a bill that mirrors the Senate's position in eliminating the high three.

The measure would require separate salary calculations for legislative service and for years in higher-paying executive or judicial positions.

The formula now combines both and uses a higher multiplier for current and former lawmakers that is not applied to most civil servants. The term "high three" arises because a higher pension payment would kick in after former lawmakers spend three years in an appointed position.

The House reform bill would also require pension payments to current and former lawmakers be made only after they reach the age of 55. Now, lawmakers can get their state pensions after 10 years of service - no matter how old they are.



Main Story: Cayetano




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