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HomeMy WebLinkAboutAgendas - 2023.12.14 - 40986OAKLAND COUNTY VOLUNTARY EMPLOYEES’ BENEFICIARY ASSOCIATION (VEBA) BOARD 2100 PONTIAC LAKE RD, 41 W, WATERFORD MICHIGAN 48328-0440 w MEMBERS Chairperson JOSEPH ROZELL Employee Member Vice-Chairperson JEFFREY PHELPS Employee Member Treasurer ROBERT WITTENBERG County Executive DAVID COULTER Designee SHERYL JOHNSON Chairperson-Board of Commissioners DAVE WOODWARD Chairperson- Finance Committee GWEN MARKHAM BRIAN PARTOGIAN Employee Member JAMES H. VAN LEUVEN, JR. Retiree Member DION STEVENS Citizen Member _______________________ Secretary CARLY WEBSTER Assistant Secretary KELLY PENA Legal Counsel AARON CASTLE VanOverbeke, Michaud & Timmony, P.C. AGENDA FOR DECEMBER 14, 2023 Pernick Aaron Conference Room Board of Commissioners I. Call to Order/Roll Call II. Approval of the Agenda III. Public Comment IV. Consent Agenda A. Approval of the November 16, 2023, VEBA Board minutes B. Medicare Reimbursement payroll – 12/28/2023 C. Investment Manager Invoices D. Service Provider Invoices V. Regular Agenda VI. Reports A. AndCo i. Oakland County Employees’ Retirement System (ERS) VEBA Plan 3rd Quarter Report Period Ending September 30, 2023 ii. Oakland County Employees’ Retirement System (ERS) VEBA Plan Monthly Flash Report Period Ending November 30, 2023 iii. Oakland County Employees’ Retirement System (ERS) VEBA Asset / Manager Summary Period Ending December 11, 2023 iv. Oakland County Employees’ Retirement System (ERS) VEBA Investment Performance Review Period Ending June 30, 2023 v. Oakland County Employees’ Retirement System (ERS) Superseding Trust 3rd Quarter Report Period Ending September 30, 2023 vi. Oakland County Employees’ Retirement System (ERS) Superseding Trust monthly Flash Report Period Ending November 30, 2023 B. Retirement Administrator’s Report C. General Counsel Legal Report i. Legislation Update – PA 214 of 2023 VII. Unfinished Business A. Approval to hire outside counsel to review RHS vesting policy. B. VEBA - Investment Policy Statement VIII. New Business A. FY 2023 - GASB Statement No. 74 Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans IX. Trustee Comment A. Next Board meeting, Thursday, January 18, 2024, in the East Conference Center Room of the Executive Office Building. X. Adjournment