HomeMy WebLinkAboutAgendas - 2020.07.16 - 33574
MEMBERS
Chairperson
JAMES H. VANLEUVEN, JR.
Retiree Member
Vice-Chairperson
JOSEPH ROZELL
Employee Member
Treasurer
ANDY MEISNER
County Executive
DAVID COULT ER
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 JULY 16, 2020
Conference Call Dial-In Number: (248) 333-6396
Conference ID: 378265860
1:30 p.m.
I. Call to Order/Roll Call
II. Approval of the Agenda
A. Temporarily suspend the Board Bylaws Article IV – GENERAL RULES &
REGULATIONS to allow for this Board meeting to be held via teleconference
III. Public Comment
IV. Regular Agenda
A. Approval of the June 18, 2020 Board minutes
B. Retirements
1. Defined Benefit retirement applications
DEPARTMENT EFFECTIVE
Sean Stoner Sheriff’s Office 8/15/2020
Lori Jansen Deferred – IT 7/11/2020
2. Defined Contribution retirement applications
DEPARTMENT EFFECTIVE
William Mann Corporation Counsel 6/06/2020
Charles Snarey Sheriff’s Office 9/12/2020
3. Defined Contribution Non-Duty Death application
DEPARTMENT EFFECTIVE
Gary (Tammy) Garza Sheriff’s Office 6/10/2020
V. Reports
A. AndCo Consulting
B. DB/DC 2020 2nd Quarter Reports
C. Investment Subcommittee July 1, 2020 minutes
D. Retirement Administrator’s July 2020 Report
E. General Counsel’s Legal Report
1. July 2020 update on securities litigation by Miller Law Firm
2. June/July 2020 update on Class Action Services by Northern Trust
3. July 2020 Legal Report
VI. Unfinished Business
A. Forfeiture approval to fund the missed contributions in the 401(a) Defined
Contribution Plan
VII. New Business
A. Investment Subcommittee recommendations
B. October meeting date change
C. CLOSED Session – Discuss attorney client privileged memorandum with
respect to ongoing securities fraud litigation against Grand Canyon Education,
Inc
VIII. Trustee Comment
A. Next Board meeting, Thursday, August 20, 2020
IX. Adjournment
DEFINED BENEFIT, CONTRIBUTION AND DEFERRED COMPENSATION PLANS