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HomeMy WebLinkAbout2019-11-25 Pension Board Meeting MinutesMinutes Regular Meeting of the Pension Board November 25, 2019 County Building, First Floor — Council Room, Hilo, Hawaii CALL TO ORDER: The quarterly meeting of the Pension Board was called to order at 1:30 p.m. by Chair Nyala Neill. ROLL CALL: Present: Nyala Neill, Chair Irma Sumera, Member Mae Ikeda, Member Absent & Excused: Emma Sousa, Vice -Chair Jerry Hamamoto, Member Also Present: Jon Henricks, County Clerk and Ex -Officio Member Aaron Brown, Deputy County Clerk Deanna Sako, Director, Finance Department Kay Oshiro, Controller, Finance Department Linda Young, Payroll Specialist II, Finance Department Haku Kelii, Administrative Assistant, Office of the County Clerk -Council STATEMENTS FROM THE PUBLIC ON AGENDA ITEMS: (There were none.) APPROVAL OF MINUTES: August 26, 2019 Ms. Sumera moved to approve the minutes of August 26, 2019. Seconded by Ms. Ikeda. The motion was carried by the following vote: AYES: Board Members Sumera, Ikeda, and Chair Neill — 3. NEW BUSINESS: 1. Chair Neill proceeded with the Election of Officers and asked for nominations for Chair and Vice -Chair for the new term (December 2019 to November 2020). Ms. Sumera made a motion to nominate Ms. Ikeda as Chair of the Pension Board for the new term. Seconded by Ms. Neill. The motion was carried by the following vote: AYES: Board Members Sumera, Ikeda, and Chair Neill — 3. Chair Neill asked for nominations for Vice -Chair. Ms. Ikeda made a motion to nominate Ms. Sumera as Vice -Chair. Seconded by Ms. Neill. Chair Neill asked for any discussion from the board. The motion was carried by the following vote: AYES: Board Members Sinners, Ikeda, and Chair Neill — 3. ANNOUNCEMENTS: Ms. Sake let the board know that there are no band members thinking of retiring soon, so we anticipate having no meetings. ADJOURNMENT: Ms. Sumera made a motion to adjourn the meeting. Seconded by Ms. Ikeda. The motion was carried by the following vote: AYES: Board Members Sumem, Ikeda, and Chair Neill — 3. The meeting was adjourned at 1:38 p.m. Respectfully submitted, Haku Kelii, Secretary Approved: Mae S. Ikeda, Chair