HomeMy WebLinkAboutMinutes - 2018.06.14 - 331562013 SUPERSEDING OAKLAND COUNTY RETIREE
MEDICAL BENEFIT TRUST BOARD MINUTES
The 2013 Superseding Oakland County Retiree Medical Benefit Trust Board meeting was held
June 14, 2018 at 10:05 a.m. in the East Oakland Conference Room, Executive Office Building.
Members Present: Keith Lerminiaux
Jennifer Hain (designee for Director of Human Resources)
Christopher Ward (designee for BOC Chairperson)
Douglas J. Williams (designee for the County Executive)
Members Absent: Andy Meisner (with notice)
Others Present: Silvia Frank, Human Resources
Natalie Neph, Treasurer
Carol Morin, Fiscal Services
Carly Webster, Human Resources
Lisa Villella, Human Resources
Peter Brown, AndCo Consulting
Secretary Frank chaired the meeting.
1. Moved by Williams, seconded by Hain to approve the minutes of the July 27, 2017
meeting. Motion carried.
2. Meeting was opened for public comment. No one spoke.
3. Moved by Williams, seconded by Hain that the incumbent officers, Keith Lerminiaux as
Chair and Jennifer Hain as Vice Chair, retain their current positions. Motion carried.
Chairperson Lerminiaux assumed the chair.
4. Peter Brown of AndCo Consulting distributed the following reports:
a. Oakland County Employees’ Retirement System (ERS) Superseding Trust - Investment
Performance Review Period Ending September 30, 2017
b. Oakland County Employees’ Retirement System (ERS) Superseding Trust - Investment
Performance Review Period Ending March 31, 2018
c. Oakland County Employees’ Retirement System (ERS) Superseding Trust - Monthly
Flash Report Period Ending May 31, 2018
5. Moved by Williams, seconded by Hain to receive and file the OCERS Superseding Trust
Year-End Report for September 30, 2017 from AndCo Consulting. Motion carried.
6. Moved by Hain, seconded by Williams to receive and file the OCERS Superseding Trust
Monthly Flash Report for period ending May 31, 2018 and OCERS Superseding Trust
Quarterly Report for period ending March 31, 2018 from AndCo Consulting. Motion
Carried.
7. Moved by Hain, seconded by Williams to receive and file the Plante Moran Annual Audit of
Oakland County Financial Statements for period ending September 30, 2017. Motion
Carried.
8. Other Business:
a. Moved by Williams, seconded by Hain to authorize the Chair of the Superseding
Trust Board to sign the License Agreement for Use of County Servicemark between
the Superseding Trust Board and Oakland County.
9. Adjourned without objection at 10:14 a.m.
Respectfully submitted,
_________________________________ _______________________________
Jennifer Hain, Vice Chairperson Silvia Frank, Secretary