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HomeMy WebLinkAbout2020-11-30 Pension Board Meeting MinutesMinutes Regular Meeting of the Pension Board November 30, 2020 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 Mae Ikeda. ROLL CALL: Present: Mae Ikeda, Chair Irma Sumera, Vice -Chair Carol Ann Marumoto, Member Walter Lucas, Member Absent & Excused: None 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 Brittany Iyo, Private Secretary, Office of the County Clerk -Council STATEMENTS FROM THE PUBLIC ON AGENDA ITEMS: (There were none.) APPROVAL OF MINUTES: November 25, 2019 Ms. Sumera moved to approve the minutes of November 25, 2019. Seconded by Mr. Lucas. The motion was carried by the following vote: AYES: Board Members Marumoto, Lucas, Vice -Chair Sumera, and Chair Ikeda — 4. NEW BUSINESS: 1. Chair Ikeda proceeded with the Election of Officers and asked for nominations for Chair and Vice -Chair for the new term (December 2020 to November 2021). Ms. Marumoto made a motion to nominate Ms. Sumera as Chair of the Pension Board for the new term. Seconded by Mr. Lucas. The motion was carried by the following vote: A N7T7(I. n____ J A ____ A.T__-_.___- T_____ I7. Chair Ikeda asked for nominations for Vice -Chair. Ms. Sumera made a motion to nominate Mr. Lucas as Vice -Chair. Seconded by Ms. Marumoto. Chair Ikeda asked for any discussion from the board. The motion was carried by the following vote: AYES: Board Members Marumoto, Lucas, Vice -Chair Sumera, and Chair Ikeda — 4. ANNOUNCEMENTS: Ms. Young circulated the statistics of Hawaii County Pensioners for 2020. Ms. Sako gave a brief description of the Pension Board duties and requirements to qualify for County Pension for the new board members. ADJOURNMENT: Ms. Sumera made a motion to adjourn the meeting. Seconded by Ms. Marumoto. The motion was carried by the following vote: AYES: Board Members Marumoto, Lucas, Vice -Chair Sumera, and Chair Ikeda — 4. The meeting was adjourned at 1:37 p.m. Respectfully submitted, Approved: Guillerma "Irma" Gi. Sumera, Chair