Lawmakers override governor’s veto of Maui hospital bill

[PoiBoy]

2. A fuller explanation...

...can be found here...

http://www.civilbeat.org/2016/07/legislature-overrides-iges-veto-of-maui-hospital-workers-bill/

<snip>
In a statement Wednesday evening, Ige said his administration’s concerns over the bill remain unchanged: the bill jeopardizes the Employees’ Retirement System’s tax-exempt status; the bill does not appropriate funds for lump-sum cash payments for affected employees; and the bill adds an additional unfunded liability of about $17.2 million to the ERS and $18.4 million to the Employer-Union Health Benefits Trust Fund, which puts the state’s long-term financial position, along with its bond ratings in jeopardy. Bond ratings determine what the state pays in interest on borrowed funds.
<end>