HomeMy WebLinkAboutResolutions - 2010.04.22 - 10014April 22, 2010
MISCELLANEOUS RESOLUTION #10079
BY: Human Resources Committee, Sue Ann Douglas, Chairperson
IN RE: DEFERRED COMPENSATION AND RETIREMENT BOARD MERGER
To the Oakland County Board of Commissioners, Chairperson. Ladies, and Gentlemen:
WHEREAS Oakland County's retirement programs consist of a Defined Benefit Pension Plan. Defined Contribution
(401a) Plan, and Deferred Compensation (457) Plan; and
WHEREAS the Oakland County Retirement Board manages the Defined Benefit and Defined Contribution plans and
is comprised of the following nine (9) members; and
• Board of Commissioners Chairperson or designee
• Finance Committee Chairperson or designee
• County Treasurer or designee
• County Executive or designee
• Citizen Member — appointeo by Board of Commissioners
• Three (3) elected employee members
• One (1) elected retiree member
WHEREAS The Oakland County Deferred Compensation Board manages the Deferred Compensation Plan and is
comprised of following five (5) members: and
• Director of Management and Budget
• Director of Human Resources
• Corporation Counsel
• County Treasurer
• Board of Commissioners Chairperson or desigree
WHEREAS an Ad-Hoc Sub-Committee comprised of the Chairs of the Retirement Board, Deferred Compensation
Board and Corporation Counsel was created to explore the concept of merging the Deferred Compensation and Retirement
Boards; and
WHEREAS the Ad-Hoc Sub-Committee has proposed a merger of the Retirement Board and Deferred
Compensation Board into one new Board; and
WHEREAS the Retirement Board and Deferred Compensation Board have independently approved the
recommendation for the merger of the Retirement Board and Deferred Compensation Board; and
WHEREAS a merger would provide efficiencies and economies for the members of the current Boards, the Human
Resources Department staff, and County employees.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners hereby authorizes the
merger of the Retirement Board and the Deferred Compensation Board as the new "Oakland County Retirement and
Deferred Compensation Board."
BE IT FURTHER RESOLVED that the new merged Board be comprised of tne following individuals:
• Board of Commissioners Chairperson or designee
• Finance Committee Chairperson or designee
• County Treasurer or designee
• County Executive or designee
• Three (3) elected employee members
• One (1) elected retiree member
• One (1) citizen member appointed by the new merged Board
BE IT FURTHER RESOLVED the terms of the elected County officials on the merged Board shall be consistent with
their elected office positions. The elected employee members and the citizen member shall serve four (4) year terms; the
elected retiree member shall serve a two (2) year term.
BE IT FURTHER RESOLVED that the new Board shall adopt By Laws to provide a framework for its operation and
management.
BE IT FURTHER RESOLVED that the merger of the Boards be effective June 1. 2010 or as soon as administratively
feasible thereafter.
Chairperson. on behalf of the Human Resources Committee. I move the adoption of the foregoing resolution.
X.ANMOURC:MMITT7EE
f,t,7
Human Resources Committee Vote .
Motion carried unanimously on a roll call vote
Resolution #10079
Moved by Douglas supported by Middleton the resolution be adopted.
Discussion followed.
April 22, 2010
Moved by Woodward supported by Coulter to amend the resolution as follows:
BE IT FURTHER RESOLVED that the new merged Board be comprised of the following
individuals:
• Board of Commissioners Chairperson cr designee
• Finance Committee Chairperson or designee
• County Treasurer or designee
• County Executive or designee
• Three (3) elected employee members
• One (1) elected retiree member
• One (1) citizen member appointed by the new-m.e.Fged-Boacd Board of Commissioners
Discussion followed.
Judy Cunningham, Corporation Counsel, addressed the Board.
Moved by Middleton supported by Taub to amend the amendment as follows:
BE IT FURTHER RESOLVED that the new merged Board be comprised of the following
individuals:
• Board of Commissioners Chairperson or designee
• Finance Committee Chairperson or designee
• County Treasurer or designee
• County Executive or designee
• Three (3) elected employee members
• One (1) elected retiree member
• One (1) citizen member appointed by the new merged Board and confirmed by the Board
of Commissioners
Discussion followed.
Vote on amending the amendment:
AYES: Douglas, Gingen, Gosselin, Jacobsen, Long, Middleton, Potter, Potts, Runestad, Scott,
Taub, Bullard, Capella. (13)
NAYS: Coulter, Gershenson, Greimel, Hatchett, Jackson, McGillivray, Nash, Schwartz,
Woodward, Zack, Burns, Coleman. (12)
A sufficient majority having voted in favor, the amendment to the amendment carried.
Vote on Middleton amendment:
AYES: Douglas, Gershenson, Gingell, Gosselin, Greimel. Hatchett, Jackson, Jacobsen, Long,
McGillivray. Middleton, Nash, Potter, Potts. Runestad, Schwartz, Scott, Taub, Woodward, Zack,
Bullard, Burns, Cabello. Coleman, Coulter. (25)
NAYS: None. (0)
A sufficient majority having voted in favor, the amendment carried.
Vote on resolution, as amended:
AYES: Gershenson, Gingell, Gosselin, Greirnel, Hatchett, Jackson, Jacobsen, Long, McGillivray,
Middleton, Nash, Potter, Potts, Runestad, Schwartz, Scott, Taub, Woodward Zack, Bullard,
Burns, Capello, Coleman, Coulter, Douglas. (25)
NAYS: None (0)
A sufficient majority naving voted in favor, the resolution, as amended, was adopted.
Discussion followed.
I HEREBY APPROVE THE FOREGOING RE SOLJ:C:
ACTING PURSUANT TO 1973 PA 139
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I. Ruth Johnson, Clerk of the County of Oakland, do hereby certify that the foregoing res Dlution is a true
and accurate copy of a resolution adopted by the Oakland County Board of Commissioners on April 22,
2010, with the original record thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand and affixed the seal of the Count ./ of Oakland at
Pontiac. Michigan this 22nd day of April, 2010.
Ruth Johnson. Johnson. Cpunty Clerk