HomeMy WebLinkAboutMinutes - 2017.07.27 - 32461OAKLAND COUNTY VEBA BOARD MINUTES
The Oakland County Voluntary Employees’ Beneficiary Association (VEBA) Board meeting was
held July 27, 2017 at 2:22 p.m. in the East Oakland Conference Room of the Executive Office
Building.
Members Present: James H. VanLeuven, Jr. Joseph Rozell
Curtis Childs Andy Meisner
Thomas Middleton
Laurie Van Pelt (designee of County Executive)
Christopher Ward (designee of Chairperson, BOC)
Members Absent: Jeffrey Phelps, with notice
Lauri Siskind, with notice
Others Present: Keith Lerminiaux, Corporation Counsel
Rhonda Van Tiflin, Human Resources
Jennifer Hain, Human Resources
Rommy Hage, Treasurer’s Office
Christopher Kuhn, AndCo Consulting
1. Moved by Middleton, seconded by Van Pelt, to approve the minutes of the June 22, 2017
VEBA Board meeting. Motion carried.
2. Meeting was opened for public comment; no one spoke.
3. Based on the equity/fixed income ratio reflected within AndCo’s Asset/Manager Summary -
June 2017 for the Superseding Trust of 63.2/36.8, motion by Childs, seconded by Meisner,
to authorize rebalance of the Superseding Trust portfolio to the 60/40 target. Motion
carried.
4. The meeting adjourned without objection at 2:23 p.m.
The next VEBA Board meeting is scheduled for Thursday, August 24, 2017, immediately
following the Retirement and Deferred Compensation Board meeting.
Respectfully submitted,
__________________________________ ____________________________________
James H. VanLeuven Jr., Chairperson Rhonda Van Tiflin, Assistant Secretary