Akaka and Abercrombie disclose assets
Two other Hawaii congressionals missed the deadline for filing
Associated Press
Two members of Hawaii's Democratic congressional delegation yesterday reported limited outside assets or income, while two others missed the deadline for filing disclosure.
Sen. Daniel Akaka and Rep. Neil Abercrombie filed their annual disclosures by the May 15 deadline, while veteran Sen. Daniel Inouye and first-term Rep. Mazie Hirono sought 90-day extensions.
The annual disclosure forms, while not reflecting exact income or assets, give a glimpse of the financial activities and interests of lawmakers beyond their basic congressional salaries.
Akaka reported receiving $14,065 in the last year from his Hawaii Employees Retirement System pension. He also earned between $5,000 and $15,000 in rental from a condominium in Alexandria, Va., valued at between $250,000 and $500,000, and smaller amounts from savings accounts and real estate in Honolulu and from the congressional credit union.
Overall, Akaka reported total assets between $469,000 and $1.11 million.
Abercrombie earned $27,000 from his legislative pension, and he listed only one investment -- a University of Hawaii Credit Union account valued at between $1,000 and $15,000 that earned less than $200 interest.
Abercrombie also listed six trips paid by outside organizations, including travel to San Diego, Los Angeles, Philadelphia, Las Vegas and West Palm Beach, Fla.
These trips were sponsored by groups including the AFL-CIO, the International Longshore and Warehouse Union, the American Gas Association, Matson Navigation and the U.S. Association of Journeymen and Apprentices Plumbing and Pipe Fitting Industry.
The report does not include the value of a member's primary residence or congressional salary, which for each of Hawaii's delegation last year was $165,200.
