HomeMy WebLinkAboutMinutes - 2019.10.17 - 32505OAKLAND COUNTY VEBA BOARD MINUTES
The Oakland County Voluntary Employees' Beneficiary Association (VEBA) Board was held
October 17, 2019 at 3:23 p.m. in the West Oakland Conference Room, L. Brooks Patterson
Building.
Members Present:
Members Absent:
Others Present:
Joseph Rozell
Dave Woodward
Helaine Zack
Curtis Childs
James VanLeuven (with notice)
Jeff Phelps (with notice)
Andy Meisner
April Lynch
Lauri Siskind
Jordie Kramer, Human Resources
Carly Webster, Human Resources
Aaron Castle, VanOverbeke, Michaud & Timmony, P.C.
Chris Kuhn, AndCo Consulting
Peter Brown, AndCo Consulting
Lisa VIIlelia, Human Resources
Louise Gates, Gabriel, Roeder, Smith & Co.
Mark Newman, Public Services
Vice Chairperson Rozell chaired the meeting.
1. Moved by Meisner, seconded by Siskind to approve the minutes of September 19, 2019.
Motion carried.
2. Meeting was opened for public comment. No one spoke.
3. Chris Kuhn of AndCo distributed the following reports and provided brief comments
summarizing highlights contained in each:
• Oakland County Employees' Retirement System (ERS) VEBA Monthly Flash
Report Period Ending September 30, 2019
• Oakland County Employees' Retirement System (ERS) VEBA Plan
Asset / Manager Summary as of October 11, 2019
4. Aaron Castle of VanOverbeke, Michaud & Timmony, P.C. provided an update on the
status of the Restatement of the Retirement Health Savings (RHS) Plan Trust that was
approved by the Legislative Affairs and Government Operations Committee (LAGO) on
October 14, 2019.
5. Other Business:
a. Vice Chairperson Rozell proposed to move the January and April meetings to January
23, 2020 and April 30, 2020. Without objection, the Board agreed to reschedule those
meetings.
b. Moved by Childs, seconded by Woodward to authorize a Request for Proposal (RFP)
for the VEBA Consultant. The motion carried. (6 Ayes, 1 Nay)
c. Vice Chairperson Rozell noted the next meeting of this Board:
i. Thursday, November 21, 2019
6. Moved by Childs, seconded by Siskind to adjourn the meeting at 3:30 p.m. Motion carried.
B—i
fsiRo e�f' ice Chair erson
Respectfully submitted
Silvia Fr
n , Secretary
