Loading...
HomeMy WebLinkAboutCOM 0895.000 2014-2016 • William P. Kenoi o`•V;',`"•!y.\4:. Deanna S. Sako •Ma or „•\��,I� Director •i ce•tt,4-1 i*`, Lisa K. Miura Deputy Director . '�r�GF•M� • County of Hawaii Finance Department 25 Aupuni Street,Suite 2103 • Hilo,Hawai`i 96720 (808)961-8234 • Fax(808)961-8569 May 16, 2016 Dru Kanuha, Council Chair and _� Members of the Hawaii County Council G, Hawai`i County Council 25 Aupuni Street __ Hilo, Hawaii 96720 LA/ -- Re: Agreement with the State of Hawai`i Employees' Retirement System The Department of Finance wishes to enter into an agreement with the State of Hawai`i Employees' Retirement System (ERS). The agreement will allow the County to obtain information that will be provided by the ERS actuary and which will be needed for the County's 2016 financial statements. If there are any questions, please do not hesitate to call Kay Oshiro, Controller, at 961-8425. Deanna S. Sako Director of Finance Enc. ties. 53a-16)> Comm. No. g`1 S Ref. To: c314-(wrfr-) Ref. Date MAY 1 8 al Hawaii County is an Equal Opportunity Employer and Provider Form #: B-52 7/18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Finance DATE: 4/29/16 STAFF CONTACT: Kay Oshiro PHONE: 961-8425 A. REQUEST: Prepare a resolution authorizing the Mayor to enter into an agreement with the State of Hawai'i Employees' Retirement System (ERS) B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): As a result of Governmental Accounting Standards Board (GASB) Statement No. 68, "Accounting and Financial Reporting for Pensions", the ERS will obtain additional information that the County will need for the County's 2016 financial statements from the ERS actuary. SIGNED: 0110AV ` DATE: 5/00 Department Head KAREN EOFF •;+tV of p AARON S.Y. CHUNG Chairperson ,. '!t,;. � ^•���h;4: MAILE"MEDEIROS"DAVID •.: GREGGOR ILAGAN VALERIE T. POINDEXTER '' -Y ' DRU MAMO KANUHA Vice Chair «��:�' DENNIS"FRESH"ONISHI DANNY PALEKA MARGARET WILLE HAWAI`I COUNTY COUNCIL County of Hawai`i Hawaii County Building 25 Aupuni Street Hilo, Hawaii 96720 May 18, 2016 Dru Mamo Kanuha, Chairperson Hawai`i County Council 25 Aupuni Street Hilo, Hawai`i 96720 RE: Resolution No. 919-1h : RESOLUTION AUTHORIZING THE OFFICE OF THE MAYOR TO ENTER INTO AN AGREEMENT WITH THE STATE OF HAWAII EMPLOYEES' RETIREMENT SYSTEM (ERS). Pursuant to Section 2(g) of Rule 4 of the Rules of Procedure of the Council of the County of Hawai`i, this written request is submitted with my approval that the above-referenced matter be waived from the Committee on Finance to the full Council for immediate action. In reviewing this matter, timely approval is crucial. It is therefore advantageous that approval is granted and the matter be placed onto the next Council agenda for review. However, in the event this request is denied, for whatever reason, I understand the matter shall be referred to the Committee on Finance for placement on its future agenda. Sincerely, orcitt.--4'6 t' Karen Eoff, Chairperson Committee on Finance (Approved/Date/Waive to Council: Disapproved/Date/Refer to FC: P2niA Dru Mamo Kanu a, Chairperson Dru Mamo Kanuha, Chairperson Hawai`i County Council Hawai`i County Council KE/wb Hawai`i County is an Equal Opportunity Provider and Employer