HomeMy WebLinkAboutMinutes - 2023.09.21 - 40763OAKLAND COUNTY VEBA BOARD MINUTES
The Oakland County Voluntary Employees' Beneficiary Association (VEBA) Board meeting was
held September 21, 2023 at 1:55 p.m. in East Conference Room of the Executive Office
Building.
I. Call to Order/ Roll Call
Members Present: Joseph Rozell, Jeff Phelps, Robert Wittenberg, Kyle Jen, James
Van Leuven, Dion Stevens, Dave Woodward, Gwen Markham,
Brian Partogian
Members Absent:
with notice
Others Present:
Carly Webster, Human Resources
Kelly Pena, Human Resources
Michael VanOverbeke, VanOverbeke, Michaud & Timmony, P.C.
Chris Kuhn, AndCo
Peter Brown, AndCo
Louise Gates, GRS
Paul Zelenak, Treasurer's Office
II. Approval of the Agenda
A. Moved by Wittenberg, seconded Phelps by to approve the agenda as submitted.
Motion carried.
III. Public Comment
• None
IV. Consent Agenda
A. Approval of the August 17, 2023 VEBA Board minutes
B. Medicare Reimbursement payroll — 09/29/23
C. Investment Manager Invoices
D. Service Provider Invoices
Moved by Stevens, seconded by Phelps to approve the consent agenda as
submitted. Motion carried.
V. Regular Agenda
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 Plan 2nd
Quarter Report Period Ending June 30, 2023
• Oakland County Employees' Retirement System (ERS) VEBA Plan Monthly
Flash Report Period Ending August 31, 2023
• Oakland County Employees' Retirement System (ERS) VEBA Asset /
Manager Summary Period Ending September 13, 2023
• Oakland County Employees' Retirement System (ERS) Superseding Trust
2nd Quarter Report Period Ending June 30, 2023
Oakland County VEBA Board Minutes
September 21, 2023
Page 2
• Oakland County Employees' Retirement System (ERS) Superseding Trust
Monthly Flash Report Period Ending August 31, 2023
• Oakland County Employees' Retirement System (ERS) Superseding Trust
Asset / Manager Summary Period Ending September 13, 2023
B. Secretary Webster did not have any updates to share for the Administrator's
Report.
C. Michael VanOverbeke did not have any updates to share for the General
Counsel Legal Update.
VII. Unfinished Business
None
VIII. New Business
None
IX. Trustee Comment
A. Chairperson Rozell noted the next meeting of this Board will be Thursday,
October 19, 2023.
B. The December 21, 2023 OCERS and VEBA Meetings will be held on December
14, 2023 in the Board of Commissioners Room A at 1:30pm.
X. Without objection, Chairperson Rozell adjourned the meeting at 1:59 p.m.
Respectfully submitted,
Joseph Rozell, airpersor,
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Carly Websteij, Secretary