HomeMy WebLinkAboutAgendas - 2020.01.23 - 32884
MEMBERS
Chairperson
JAMES H. VANLEUVEN, JR.
Retiree Member
Vice-Chairperson
JOSEPH ROZELL
Employee Member
Treasurer
ANDY MEISNER
County Executive
DAVID COULTER
Designee
APRIL LYNCH
Chairperson-Board of
Commissioners
DAVE WOODWARD
Chairperson-
Finance Committee
HELAINE ZACK
CURTIS CHILDS
Employee Member
JEFFREY PHELPS
Employee Member
LAURI SISKIND
Citizen Member
Secretary
SILVIA FRANK
Assistant Secretary
CARLY WEBSTER
Legal Counsel
AARON CASTLE
VanOverbeke, Michaud &
Timmony, P.C.
OAKLAND COUNTY RETIREMENT AND DEFERRED
COMPENSATION BOARD
2100 PONTIAC LAKE RD, 41 W, WATERFORD MICHIGAN 48328-0440
AGENDA FOR JANUARY 23, 2020
1:30 p.m., East Oakland Conference Room
L. Brooks Patterson Building
1. Approval of the December 17, 2019 Board minutes
2. Public Comment
3. Election of Officers
4. Approval of the following Defined Benefit retirement applications
DEPARTMENT RETIREMENT EFFECTIVE Sandra Guardado-Castro Deferred-MCF 03/02/2020
Vicki Spicer Probate Court 03/14/2020
5. Approval of the following Defined Contribution retirement applications
DEPARTMENT RETIREMENT EFFECTIVE
Deborah Barnard Fiscal Services 01/25/2020
Denise Collins Deferred – Probate Court 02/16/2020
Linda Hodges County Clerk 01/25/2020
Roberta Rice Sheriff’s Office 01/11/2020
Barbara Weberman Health 01/25/2020
6. Receive and file the executed Investment Consulting Services Agreement with
AndCo Consulting
7. Receive and file the January 13, 2020 Administrative Policies & Procedures ad hoc
committee minutes
8. Receive and file 4th Quarter 2019 Defined Benefit and Defined Contribution Reports
9. 4th Quarter R.E.A.P drawing
10. Approval of the Gabriel, Roeder, Smith & Company invoices
a. Retainer services provided during calendar year 2019 $25,000 (Inv #451732)
b. 2019 GASB Statement No. 67 valuation $10,500 (Inv #451728)
c. Benefit computation program license fee for period July 1, 2018 – June 30,
2019 $1,000 (Inv #451731)
11. Receive and file the January 22, 2020 Investment Subcommittee minutes
12. Private Equity recommendation by the Investment Subcommittee
13. Presentation by AndCo
14. Required Minimum Distributions (RMD) for active participants
15. Approval of the Trustee Election Policy & Procedures
16. Approval of the Oakland County Retirement and Deferred Compensation Board
Bylaws
Oakland County Employees’ Retirement and Deferred Compensation Board Agenda
January 23, 2020
Page 2
17. General Counsel Legal Update
a. Receive and file January 2020 update on securities litigation by Miller Law
Firm
b. Receive and file the January 2020 update on Class Action Services by
Northern Trust
c. Receive and file January 2020 Legal Report
18. CLOSED Session – Discuss attorney client privileged memorandum with respect to
certain aspects of the 401(a) Defined Contribution and 457(b) Deferred
Compensation plans.
19. Receive and file the Administrator’s Report for January 2020
20. Other Business
a. Next Board meeting, Thursday, February 20, 2020
21. Adjourn
DEFINED BENEFIT, CONTRIBUTION AND DEFERRED COMPENSATION PLANS