HomeMy WebLinkAboutMinutes - 2014.10.23 - 33267 OAKLAND COUNTY VEBA BOARD MINUTES
The Oakland County Voluntary Employees’ Beneficiary Association Board (VEBA) was held
October 23, 2014 at 2:50 p.m. in the West Oakland Conference Room.
Members Present: James H. VanLeuven, Jr. D’Arcy Gonzales
Curtis Childs Thomas Middleton
Andy Meisner Joseph Rozell
Jeffrey Phelps
Laurie VanPelt (designee of County Executive)
Members Absent: Kathy Crawford with notice
Others Present: Judy Fandale, Human Resources
Megan Navarre, Human Resources
Jennifer Hain, Human Resources
Haley Rives, ACG
Rebecca Holtz, Oakland County Retiree
1. Moved by VanPelt, seconded by Meisner to approve the minutes of September 18, 2014.
Motion carried.
2. Meeting was open for public comment . No one spoke.
3. Moved by VanPelt, seconded by Gonzales to invest the assets in the 2013 Superseding
Trust in a 40% Fixed and 60% Equity mix. CS McKee will invest 40% in their Core Fixed
income fund and State Street Global will invest 60% in the Large Cap Index fund.
Motion carried.
4. Moved by VanPelt, seconded by Gonzales to approve the invoice from Gabriel, Roeder,
Smith & Company in the amount of $4,250 ($2,125 Employees Retirement System and
$2,125 VEBA) for the calendar year 2014 Minute Master services. Motion carried
5. Moved by Rozell, seconded by Meisner to adjourn the meeting at 2:55 p.m. Motion
carried.
The next meeting is scheduled for November 20, 2014, immediately following the Retirement
and Deferred Compensation Board meeting.
Respectfully submitted,
________________________________ ________________________________
James H. VanLeuven, Jr., Chairperson Judy Fandale, Secretary