HomeMy WebLinkAboutMinutes - 2024.04.18 - 41570OAKLAND COUNTY VEBA BOARD MINUTES
The Oakland County Voluntary Employees' Beneficiary Association (VEBA) Board meeting was
held April 18, 2024 at 2:40 p.m. in East Conference Room of the Executive Office Building.
I. Call to Order/ Roll CaII
Members Present: Jeffrey Phelps, Robert Wittenberg, Brian J. Lefler, David
Woodward, Gwen Markham, James Van Leuven
Members Absent: Joseph Rozell, Brian Partogian, Dion Stevens
with notice
Others Present:
Carly Webster, Human Resources
Kelly Pena, Human Resources
Aaron Castle, VanOverbeke, Michaud & Timmony, P.C.
Chris Kuhn, Mariner (formally AndCo)
Peter Brown, Mariner (formally AndCo)
Louise Gates, GRS
II. Approval of the Agenda
A. Moved by Wittenberg, seconded by Markham to approve the agenda as
submitted. Motion carried.
III. Public Comment
None
IV. Consent Agenda
A. Approval of the March 21, 2024 VEBA Board minutes
B. Medicare Reimbursement payroll — 04/30/24
C. Investment Manager Invoices
D. Service Provider Invoices/projected monthly fees
Moved by Woodward, seconded by Van Leuven to approve the consent agenda, as
submitted. Motion carried.
V. Regular Agenda
None
VI. Reports
A. Chris Kuhn and Peter Brown of Mariner presented the following reports and
provided comments summarizing highlights contained in each:
• Oakland County Employees' Retirement System (ERS) VEBA Plan Monthly
Flash Report Period Ending March 31, 2024
• Oakland County Employees' Retirement System (ERS) Asset / Manager
Summary Period Ending April 12, 2024
Moved by Lefler, seconded by Markham to receive and file the Asset / Manager
Summary. Motion carried.
Oakland County VEBA Board Minutes
April 18, 2024
Page 2
B. Secretary Webster did not have any updates to share for the Administrator's
Report.
C. Aaron Castle of VanOverbeke, Michaud & Timmony, P.C. (VMT) did not have
any updates on legal matters. No action was taken.
VII. Unfinished Business
None
VIII. New Business
A. Louise Gates of GRS presented the Oakland County's Retirees' Health Care
Trust Actuarial Valuation Report as of September 30, 2023.
IX. Trustee Comment
A. Vice -Chairperson Phelps noted the next meeting of this Board — Thursday, May
16, 2024
B. Without objection, Vice -Chairperson Phelps adjourned the meeting at 2:52 p.m.
Respectfully submitted,
Je re/I5helps, Vie -Chairperson Carry Webstdk, Secretary