HomeMy WebLinkAboutMinutes - 2019.08.15 - 32232OAKLAND COUNTY EMPLOYEES’
RETIREMENT AND DEFERRED COMPENSATION BOARD MINUTES
The Oakland County Retirement and Deferred Compensation Board meeting was held August
15, 2019 at 9:00 a.m. in the West Oakland Conference Room, L. Brooks Patterson Building.
Members Present: James VanLeuven Jr. Jeff Phelps
Malcolm Brown Helaine Zack
Lauri Siskind Curtis Childs
Members Absent: Andy Meisner (with notice)
Joseph Rozell (with notice)
Others Present: Jordie Kramer, Human Resources
Jennifer Hain, Human Resources
Silvia Frank, Human Resources
Carly Webster, Human Resources
Aaron Castle, VanOverbeke, Michaud & Timmony, P.C.
Ross Gavin, Treasurer’s Office
1. Moved by Siskind, seconded by Zack to approve the minutes of July 18, 2019. Motion
carried.
2. Meeting was opened for public comment. No one spoke.
3. Moved by Childs, seconded by Phelps to approve the following Defined Benefit retirement
applications. Motion carried.
RETIREMENT
DEPARTMENT EFFECTIVE John Bennington Sheriff’s Office 10/15/2019
David Gillam Prosecuting Attorney-Deferred 08/28/2019
J K Smith Sheriff’s Office 08/31/2019
4. Moved by Phelps, seconded by Childs to approve the following Defined Contribution
retirement applications. Motion carried. RETIREMENT
DEPARTMENT EFFECTIVE Susan Capell Circuit Court-Deferred 09/02/2019
Leanne Robinson IT/CLEMIS 08/23/2019
5. Aaron Castle of VanOverbeke, Michaud & Timmony, P.C. provided an update on legal
matters.
a. Moved by Siskind, seconded by Childs to receive and file the August 2019 update on
securities litigation by Miller Law Firm. Motion carried.
b. Moved by Siskind, seconded by Childs to receive and file the August 2019 update on
Class Action Services by Northern Trust. Motion carried.
c. Aaron Castle provided brief comments on the status of the Livent Corporation
Securities Litigation Class Action Lawsuit.
6. Other Business
a. Trustee Brown provided an update on legal matters within the Oakland County
Employees’ Retirement System.
b. Chairperson VanLeuven appointed Trustees Phelps and Childs as the voting
delegates for the MAPERS Fall Conference.
c. Chairperson VanLeuven noted the next meeting of this Board:
i. September 19, 2019 – 1:30 p.m.
Oakland County Employees’ Retirement and Deferred Compensation Board Minutes
August 15, 2019
Page 2
7. Chairperson VanLeuven adjourned the meeting without objection at 9:10 a.m.
Respectfully submitted,
__________________________________ __________________________________
James H. VanLeuven, Jr., Chairperson Silvia Frank, Secretary