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HomeMy WebLinkAboutResolutions - 1987.02.19 - 17785MISCELLANEOUS RESOLUTION 87035 February 19, 1987 BY: PERSONNEL COMMITTEE, JOHN P. CALANDRO, Chairperson IN RE: RETIREMENT COMMISSION -Amend Sec. 4 & 5 of Retirement System, Membership TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS: Mr. Chairperson, Ladies and Gentlemen: WHEREAS the Oakland County Retirement System is experiencing tremendous growth in retirements, dollar value, and income returns; and WHEREAS it is appropriate at this time to increase the membership serving on the Retirement Commission to insure fair representation for those directly involved in continued order growth of the system; and WHEREAS the Oakland County Employees' Retirement System, Section 4 Retirement Commissioners, currently provides: "The Retirement Commission shall consist of 7 commissioners, as follows: (1) The Ex-officio Commissioners shall be: The Chairman of the . Board of Commissioners, the County Executive, and the Chairman of the Finance Committee of the Board of Commissioners. (2) The Citizen Commissioner shall be: A citizen who is an elector and a free-holder in Oakland County and who is not eligible to membership in or benefits under the retirement system, to be selected by the Board of Commissioners. (3) The Employee Commissioners shall be: Three members of the retirement system, to be elected by the members of the system; provided, that no more than one such employee commissioner shall be from any one County division. Such elections shall be held under such rules and regulations as may from time to time be adopted by the Commission." and WHEREAS Oakland County Employees' Retirement System, Section 5, Commissioners's Terms of Office, currently provides: "The regular term of the position of Commissioner for the Citizen •COmMissioner and the Employee Commissioner. shall be 4 years, one such term to expire annually." . NOW THEREFORE BE IT RESOLVED that Section 4 of the Oakland County Employees' Retirement System be amended to provide as follows: Retirement Commissioners: Section 4. The Retirement Commission shall consist of 9 commissioners ., as - - The Ex-officio Commissioners shall be: The Chairman of the Board_of Commissioners, the County Executive, the Chairman 'of- the-Finance Committee of the Board of Commissioners, and the County Treasurer. • (2)-• The Citizen Commissioner shall be: A citizen who is an elector and á free-holder in Oakland County and who is not • membership in or benefits under the retirement system, to be seletted by the Board of Commissioners. 1 HEORY \Pt)ROVE THE FOREGOING RESOLUTION 'a LAM (3) The Employee Commissioners shall be: Three members of the retirement system, to be elected by the members of the system; provided, that no more than one such employee commissioner shall be from any one County division. Such elections shall b( held under such rules and regulations as may, from time to time be adopted by the Commission. (4) The Retiree Commissioner shall be: A retiree in the Oakland County Retirement System who resides in Oakland County, to be elected by the retirees under the system. Such election shall be held under such rules and regulations as may from time to time be adopted by the Commissioners. BE IT FURTHER RESOLVED that Section 5 of the Oakland County Employees' Retirement System be amended to provide as follows: Commissioners's Terms of Office: Section 5. The regular term of the position of Commissioner for the Citizen Commissioner and the Employee Commissioner shall be 4 years, one such term to expire annually. The regular term of office for the Retiree Commissioner shall be 2 years. Mr. Chairperson, on behalf of the Personnel Committee, I move the adoption of the foregoing resolution. PERSONNEL COMMITTEE cPHLIsL,J, February 19, 1987 RESOLUTION # 87035 Moved by Calandro supported by Crake the resolution be adopted. AYES: McDonald, A. McPherson, R. McPherson,Moffitt, Perinoff, Price, Rewold, Rowland, Skarritt, Wilcox, Aaron, Caddell, Calandro, Crake, Doyon„ Gosling, Hobart, Jensen, R. Kuhn, S. Kuhn, Lanni, Law, Luxon, McConnell. (24) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. STATE OF MTCHI,GANi COUNTY OF OAKLAND). 1, Lynn D. Allen, Clerk of the County of Oakland and having a seal, do hereby certify that I have compared the annexed copy. of Miscellaneous Resolution adopted by the Oakland County Board of Commissioners at their meeting held on February 19, 1987 with the original record thereof now remaining in my office, and that it is a true and correct transcript therefrom, and of the whole thereof. In Testimony Whereof, i have hereunto set my hand and affixed. the seal of said County at Pontiac,- Michigan this 19th day of Fehruary 1987 LYi".5145re-n, Corlay Clerk/ Register of Deeds.