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HomeMy WebLinkAboutMinutes - 2022.10.20 - 38302OAKLAND COUNTY VEBA BOARD MINUTES The Oakland County Voluntary Employees' Beneficiary Association (VEBA) Board meeting was held October 20, 2022 at 2:31 p.m. in the West Conference Room of the Executive Office Building. I. CaII to Order/ Roll Call Members Present: Joe Rozell, Robert Wittenberg, Jeff Phelps, Dion Stevens, Kyle Jen, Gwen Markham, James Van Leuven, Dave Woodward Members Absent: Brian Partogian with notice Others Present: Carly Webster, Human Resources Kelly Pena, Human Resources Aaron Castle, VanOverbeke, Michaud & Timmony, P.C. Chris Kuhn, AndCo Peter Brown, AndCo Louise Gates, GRS Paul Zelenak, Treasurer's Office 1I. Approval of the Agenda Moved by Woodward, seconded by Wittenberg to approve the agenda. Motion carried. I11. Public Comment None IV. Consent Agenda A. Approval of the September 15, 2022 VEBA Board minutes B. Medicare Reimbursement payroll — 10/31/22 C. Investment Manager Invoices D. Service Provider Invoices/projected monthly fees Moved by Van Leuven, seconded by Phelps to approve the consent agenda. Motion carried. V. Regular Agenda A. None VI. Reports A. Chris Kuhn and Peter Brown of AndCo Consulting presented the following reports and provided comments summarizing highlights contained in each: • Oakland County Employees' Retirement System (ERS) VEBA Monthly Flash Report Period Ending September 30, 2022 • Oakland County Employees' Retirement System (ERS) Asset / Manager/Summary Period Ending October 13, 2022 • Oakland County Employees' Retirement System (ERS) Superseding Trust Monthly Flash Report Period Ending September 30, 2022 B. Secretary Webster provided a verbal update on administrative issues. -7 Jos�ph� Rozell, Oakland County VEBA Board Minutes October 20, 2022 Page 2 C. Aaron Castle of VanOverbeke, Michaud & Timmony, P.C. (VMT) provided a verbal update on legal matters. A Retirement Board FOIA Policy & Procedure was presented to the board. Moved by Van Leuven, seconded by Phelps to adopt the FOIA Policy & Procedures presented by legal counsel. Motion carried. VII. Unfinished Business None VIII. New Business None IX. Trustee Comment A. Chairperson Rozell noted the next meeting of this Board — Thursday, November 17, 2022 X. Without objection, Chairperson Rozell adjourned the meeting at 2:33 p.m. Respectfully submitted, 6r,,f %Cice .,+Ci �h°�airperson'' Carly Webster, 9'6cretary