That is probably the monster under the bed as far as what Hawaii will need for revenues going forward....the unfunded liabilities in the state retirement system and health care for public workers.
Even though the current administration has made efforts to stem the bleeding - including the past efforts by the legislature to skim monies from the general fund during good years, 2016 was discouraging, as the liability increased by several billion.   This in a year where the net returns on investment in the ERS were down 1.5% while the S&P returned almost 10%.....who is managing our money!?