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HomeMy WebLinkAbout2021-11-29 Pension Board Meeting Minutes Minutes Regular Meeting of the Pension Board November 29, 2021 County Building, Council Chamber,Hilo, Hawaili CALL TOORDER: The quarterly meeting of the Pension Board was called to order at 1:30 p.m. by Chair Sumera. ROLL CALL: Present: Irma Sumera, Chair Walter Lucas, Vice Chair Mae Ikeda, Member Carol Ann Marumoto, Member Absent& Excused: None Also Present: Aaron Brown, Deputy County Clerk Jon Henricks, County Clerk and Ex-Officio Secretary Kay Oshiro, Controller, Department of Finance Deanna Sako, Finance Director and Ex-Officio Treasurer Elizabeth Strance, Corporation Counsel (via Zoom) Linda Young, Payroll Specialist II, Department of Finance Nicole Bello, Private Secretary, Office of the County Clerk STATEMENTS FROM THE PUBLIC ON AGENDA ITEMS: (None) APPROVAL OF MINUTES: November 30, 2020 Chair Sumera asked for any additions or corrections from the board. (There were none) The November 30, 2020, meeting minutes were approved. NEW BUSINESS: 1. Election of Officers December 2021 —November 2 22 ( o ber 0 ) Chair Sumera proceeded with the Election of Officers and asked for nominations for Chair and Vice Chair for upcoming year. Ms. Ikeda made a motion to nominate Mr. Lucas as Chair of the Pension Board. Seconded by Ms. Marumoto. The motion for Mr. Lucas as Chair was carried by the following vote: AYES: Board Members Ikeda, Marumoto, Vice Chair Lucas, and Chair Sumera—4. Page 1 of 2 Chair Sumera asked for nominations for Vice Chair. Ms. Ikeda made a motion to nominate Ms. Marumoto as Vice Chair. Seconded by Mr. Lucas. The motion for Ms. Marumoto as Vice Chair was carried by the following vote: AYES: Board Members Ikeda, Marumoto, Vice Chair Lucas, and Chair Sumera—4. ANNOUNCEMENTS: 1, From the Accounts Division: Pensioner Statistics as of November 29, 2021 Ms. Young circulated the Hawaii County Pensioners 2021 statistics and summarized: a. Total of 16 active pensioners as of November 29, 2021. b. Three deaths were reported and no new applications in 2021. Chair Sumera asked for any other questions or announcements from the board. (There were none) ADJOURNMENT: Ms. Ikeda made a motion to adjourn the meeting. Seconded by Ms. Marumoto. The motion to adjourn was carried by the following vote: AYES: Board Members Ikeda, Marumoto, Vice Chair Lucas, and Chair Sumera—4. The meeting was adjourned at 1:35 p.m. Respectfully submitted, N Nicole Bello, Secretary Approved: Walter Lucas, Chair Page 2 of 2