HomeMy WebLinkAboutMinutes - 2025.08.28 - 42421OAKLAND COUNTY VEBA BOARD MINUTES
The Oakland County Voluntary Employees' Beneficiary Association (VEBA) Board meeting was
held August 28, 2025, at 2:34 p.m. in Committee Room A at the Board of Commissioners
building.
I. Call to Order/ Roll Call
Members Present: Joseph Rozell, Jeffrey Phelps, Robert Wittenberg, David
Woodward, Linnie Taylor, James Van Leuven
Members Absent: , Casey Crampton, Dion Stevens, Brian J. Lefler
with notice
Others Present:
Carly Webster, Human Resources
Kelly Pena, Human Resources
Rachel Matti, Human Resources
Aaron Castle, VMT Law
II. Approval of the Agenda
A. Moved by Taylor, seconded by Wittenberg to approve the agenda as submitted.
Motion carried.
III. Public Comment
None
IV. Consent Agenda
A. Approval of the July 24, 2025, VEBA Board minutes
B. Medicare Reimbursement payroll — 08/29/25
C. Investment Manager Invoices
D. Service Provider Invoices/projected monthly fees
Moved by Taylor, seconded by Wittenberg to approve the consent agenda, as
submitted. Motion carried.
V. Regular Agenda
None
VI. Reports
A. Moved by Wittenberg, seconded by Taylor to receive and file the Hand Benefits
& Trust/BPAS 2nd Quarter 2025 RHS Plan — Trust Asset Report. Motion carried.
B. Moved by Wittenberg, seconded by Phelps to receive and file the Treasurer's
Report. Motion carried
C. Secretary Webster did not have any updates to share for the Administrator's
Report.
D. Aaron Castle of VMT Law presented his legal report containing information
regarding the Investment Consulting Services Request for Proposal.
Oakland County VEBA Board Minutes
August 28, 2025
Page 2
Vil. Unfinished Business
A. The Investment Consulting Services Request for Proposal was discussed.
Moved by Van Leuven, seconded by Taylor to approve the proposed Defined
Benefit and VEBA Investment Consultant Request for Proposal as amended.
Motion carried.
B. Discussion was held on the use of forfeitures to pay Retirement Health Savings
participant plan costs.
Moved by Phelps, seconded by Taylor to approve the usage of the RHS
forfeitures in the amount of $16,409.18 as outlined in the Optum Financial
Invoice provided to the Board. Motion carried.
VIII. New Business
A. Moved by Van Leuven, seconded by Taylor to receive and file the required
reporting for State of Michigan Public Act 314 — Summary 2024 VEBA Plan
Annual Report. Motion carried.
B. Chairman Rozell appointed trustee Rozell and Van Leuven as the delegates for
the MAPERS Fall 2025 Conference.
C. Moved by Van Leuven, seconded by Taylor to receive and file the 2026 Board
Meeting Calendar. Motion carried.
IX. Trustee Comment
A. Chairperson Rozell noted the next meeting of this Board — Thursday, September
25, 2025
B. Without objection, Chairperson Rozell adjourned the meeting at 2:40 p.m.
Respectfully submitted,
Vi-1-) r-c A/ //c>Zt ( A.--140
Josph Roz9 C irperson Carly Webster, 8e'cretary