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2012-11-26 Pension Board Meeting Minutes
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2012-11-26 Pension Board Meeting Minutes
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Ms. Ikeda asked whether the 27 pensioners listed were already collecting pension <br />benefits or will be collecting pension benefits. Ms. Oshiro replied that they are already <br />collecting pension, and that the remaining five eligible pensioners (band members). <br />should their spouse pass away, would start collecting pension benefits. <br />Mr. Masuda clarified that the five remaining band members may come before the Pension <br />Board to apply for pension benefits. After that, the Pension Board will conclude <br />(dissolve) unless there are any changes to the law regarding it. <br />Ms. Ikeda asked whether the five potential applicants are included in the 27 pensioners, <br />and Ms. Oshiro stated that they are not included. <br />ANNOUNCEMENTS: <br />Ms. Ah Chin stated that she would gladly serve as a Board Member for the extended <br />90 -day period, and wished everyone "Happy Holidays." <br />On behalf of the County of Hawaii, Mr. Masuda thanked Ms. Ah Chin for her three <br />years of service as a Pension Board Member and hoped to see her back in a couple of <br />years or serving on another Board and Commission. <br />The next quarterly Pension Board meeting will be announced at a later date. <br />ADJOURNMENT: <br />Ms. Ikeda made a motion to adjourn the meeting. Seconded by Ms. Ah Chin. <br />The motion was carried by the following vote: <br />AYES: Board Members Ah Chin, Ikeda, and Chair Hamamoto — 3. <br />The meeting was adjourned at 1:38 p.m. <br />Respectfully submitted, <br />L--,�—Oreen "Dee" M. Torres, Secretary Pro Tem <br />Approved: <br />71 <br />,Terry l I namoto <br />Chair," <br />Q <br />Attachment <br />
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