HomeMy WebLinkAbout2024-12-09 Pension Board Meeting Minutes (Draft) DRAFT
Minutes
Regular Meeting of the Pension Board
December 9, 2024
Council Chambers, Hawaii County Building,Hilo, Hawaii
CALL TO ORDER: The quarterly meeting of the Pension Board was called to order at 1:30 p.m. by
Chair Lucas.
ROLL CALL:
Present: Walter Lucas, Chair
Cathy Ferreira, Member
Carol Ann Marumoto, Member
Absent& Excused: Joyce Unoki, Vice Chair
Also Present: Aaron Brown, Deputy County Clerk
Jon Henricks, County Clerk, and Ex-Officio Secretary
Malia Kekai, Deputy Director of Finance
Leisha Koreyasu, Payroll Specialist H, Department of Finance
Diane Nakagawa, Director of Finance, and Ex-Officio Treasurer
Kay Oshiro, Acting Controller, Department of Finance
Elizabeth Strance, Corporation Counsel
Nicole Bello, Private Secretary, Office of the County Clerk
STATEMENTS FROM THE PUBLIC ON AGENDA ITEMS: (There were none from the public.)
Chair Lucas then asked if anyone present would like to make a statement. Mr. Henricks thanked Chair
Lucas and Ms. Marumoto for their years of service to the Pension Board.
APPROVAL OF MINUTES: November 27, 2023
Ms. Marumoto moved to approve the minutes of November 27, 2023. Seconded by Ms. Ferreira.
The motion to approve the minutes of November 27, 2023, was carried by the following vote:
AYES: Board Members Ferreira, Marumoto, and Chair Lucas —3.
NEW BUSINESS:
1. Election of Officers (December 2024—November 2025)
Chair Lucas proceeded with the Election of Officers and asked for nominations for Chair for the
upcoming year.
Ms. Marumoto made a motion to nominate Ms. Ferreira as Chair of the Pension Board.
Seconded by Ms. Ferreira.
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DRAFT
The motion for Ms. Ferreira as Chair was carried by the following vote:
AYES: Board Members Ferreira, Marumoto, and Chair Lucas —3.
Chair Lucas asked for nominations for Vice Chair for the upcoming year. (There were none.)
ANNOUNCEMENTS:
1. From the Accounts Division: 2024 County Pensioner Statistics
Ms. Koreyasu, Payroll Specialist II from the Accounts Division, summarized:
a. As of November 30, 2024, there are 13 active pensioners.
b. The youngest pensioner is 66 years of age, the oldest is 102 years of age.
c. No deaths were reported in 2024, and no new pensions were awarded.
Chair Lucas asked if there were any other announcements. (There were none.)
Chair Lucas stated that he was very thankful and appreciative for serving on the Pension Board. He also
expressed his willingness to serve for another year or two, if allowed to do so, until more members are
appointed to the board.
ADJOURNMENT:
Ms. Marumoto made a motion to adjourn the meeting. Seconded by Ms. Ferreira.
The motion to adjourn was carried by the following vote:
AYES: Board Members Ferreira, Marumoto, and Chair Lucas —3.
The meeting was adjourned at 1:40 p.m.
Respectfully submitted,
Nicole Bello, Secretary
Approved:
Cathy Ferreira, Chair
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