Tag Archive | "retirement"

Koob (center) speaks (Photo courtesy of Kalani Retreat Center)

Richard Koob retires after 38 years of community service

MEDIA RELEASE On July 6 and 7, the district of Puna honored Richard Koob’s retirement. The ceremony will be part of the Ānuenue Celebrations at Kalani. Koob co-founded Kalani and acted as Executive Director for 38 years. Now Hawaii’s largest retreat center, Kalani was founded in 1975 by Richard along with his partner Earnest Morgan, […]

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MoneyRatesBug

Hawaii named best state for retirement

MEDIA RELEASE The 2012 MoneyRates.com analysis of Best and Worst States for Retirement ranks U.S. states in accordance with their performance on retirement-relevant factors. This year’s study names Hawaii as the best state for retirees and Michigan as the worst. The study examined critical factors influencing the quality of retirement that can vary greatly by […]

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Governor Neil Abercrombie signed House Bill 1038 which raises the retirement age for certain new employees to 60 years-old and most others to 65 years-old. The number of years to be 'vested' rises from five to 10 years. A dozen other bills were also signed into law by Abercrombie.

Governor raises retirement age to deal with dwindling pension fund

Governor Neil Abercrombie signed House Bill 1038 which raises the retirement age for certain new employees to 60 years-old and most others to 65 years-old. The number of years to be ‘vested’ rises from five to 10 years. A dozen other bills were also signed into law by Abercrombie.

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Nationwide state and local public retirement systems assets drop nearly $180 billion in 2008

The nation’s state and local government employee retirement systems totaled $3.2 trillion in holdings and assets in 2008, a loss of $178.8 billion, according to new data released by the U.S. Census Bureau.

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Hawaii government retirees received $811,454 in 2007

MEDIA RELEASE State and local government defined-benefit employee retirement systems paid $168 billion to 7.5 million retirees and survivors in fiscal year 2007, the U.S. Census Bureau reported Monday, Dec. 29. This is a $12 billion increase from the previous year when 7.3 million received payments. There were 2,547 retirement systems in 2007, with memberships […]

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