WAYNE COUNTY EMPLOYEES’ RETIREMENT COMMISSION …wcers.org/minutes/October_29,2018.pdf ·...
Transcript of WAYNE COUNTY EMPLOYEES’ RETIREMENT COMMISSION …wcers.org/minutes/October_29,2018.pdf ·...
1
October 29, 2018
Regular Meeting
WAYNE COUNTY EMPLOYEES’ RETIREMENT COMMISSION
REGULAR MEETING
October 29, 2018
9:15 am
28 WEST ADAMS, 18TH
FLOOR
CONFERENCE ROOM
GRAND PARK CENTRE
DETROIT, MICHIGAN 48226
Commissioners Present:
Frank Simone ELECTED MEMBERS TO THE BOARD
Henry Wilson
Tom Yee
Elizabeth Misuraca
Hugh Macdonald
Richard Kaufman EX-OFFICIO MEMBER
Office of the Wayne County Executive
Gary Woronchak, Chairman 9:23 am EX-OFFICIO MEMBER
Wayne County Commission
Others Present:
Robert Grden, Gerard Grysko, Wendy Foster, Felicia Hollis, Tina Turner, Todd Pickett, Kevin
Kavanagh, Drew Van de Grift, Tracy McAllister, Robert Abb, Jack Timmony, Peter Brown,
Brian Green, Mike Welker, Richard Johnson, Cathleen Colin and Bobby Hawkins.
2
October 29, 2018
Regular Meeting
1. Call to Order at 9:15 am.
2. Roll Call;
Present: Frank Simone, Henry Wilson, Tom Yee, Elizabeth Misuraca, Hugh Macdonald and
Richard Kaufman.
Absent: Gary Woronchak.
Mr. Robert Abb and Mr. Jack Timmony from VanOverbeke, Michaud & Timmony, P.C.
entered the meeting and moved to the table at 9:15 am.
Mr. Peter Brown and Mr. Brian Green from AndCo Consulting entered the meeting at 9:15
am.
Mr. Woronchak entered the meeting at 9:23 am.
3a. Approval of minutes of the meeting of September 28, 2018 and the Personnel Committee
meeting of September 20, 2018.
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Waive the
reading of the minutes and Approve the minutes of September 28, 2018 and the Personnel
Committee meeting of September 20, 2018.
The motion was supported by Ms. Misuraca and carried unanimously 7-0.
3b. Applications for retirement.
Mr. Wilson moved for the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Approve the
applications for retirement.
The motion was supported by Ms. Misuraca and carried unanimously 7-0.
APPLICATIONS Name Dept. Retirement Date
James Albart DOE 11/1/2018
Carlton Greene DOE 11/1/2018
Patrick Simmons DPS 12/1/2018
Deborah Price (30 day waiver) Cir Ct. 10/1/2018
Michael Gatson WCS 11/1/2018
Marianne Bradford-Harris (Alt Payee) n/a 8/1/2018
Gail Gregory (Alt Payee) n/a 9/1/2018
Brenda Robinson Co Clk 1/1/2019
3
October 29, 2018
Regular Meeting
APPLICATIONS Name Dept. Retirement Date
Andrea Willis Cir Ct. 1/1/2019
Jdg. Robert Colombo Cir Ct. 1/1/2019
Keisa Clark WCS 1/1/2019
Jdg. June Blackwell-Hatcher Prob Ct. 1/1/2019
Barry Ellerholz WCAA 12/1/2018
Theresa Glenn Cir Ct. 12/1/2018
James Jones WCS 12/21/2018
Gary Woronchak Comm 1/1/2019
James Trombley (30 day waiver) WCAA 11/1/2019
DISABILITY APPLICATIONS Emp. ID Name Dept. Plan Application Date
17558 Terrence Wallace WCS 6 9/25/18
34881 Douglas Hughes WCS 5 9/25/18
25209 Curtis Harris WCRC 4 9/27/18
25070 Derrick Wade WCS 5 10/4/18
3c. Removals from pension payroll because of death.
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Remove the
listed retirees on the pension payroll because of their deaths on the indicated dates; and further
RESOLVED, that any monies due to the deceased be paid to the named beneficiaries,
subject to the receipt of a death certificate in each case.
The motion was supported by Ms. Misuraca and carried unanimously 7-0.
DEATHS Name Claude Cooper Ida Licht
Ruth Davis Mary Rowan
Irene Turek Beverly Rucker
Anna Miller Arte Pierce
Carolynne White Lawrence Daniels
Vivian Ochampaugh British Patterson
David Boisvert Andrew Blazic
Roberteen Slusher George Lloyd
Robert Aitken Winona Rawls
3d. Retirement Allowances.
Mr. Wilson moved the adoption of the following resolution:
4
October 29, 2018
Regular Meeting
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Approve the
final retirement allowances.
The motion was supported by Ms. Misuraca and carried unanimously 7-0.
NEW RETIREES Name Dept. Name Dept.
Marianne Bradford-Harris n/a John B. Asquini WCS
Robert Daiuto, Jr. DOE Russell E. Herr WCS
Gail Gregory n/a Nancy Ellison Co. Clk
Venus Amos Co. Clk James Albart DOE
John Breen Cir Ct. Carlton Greene DOE
Deborah Price Cir Ct. Michael Gatson WCS
Albert Adams DPS
3e. Adjustment of pensions for retirees because of additional earnings, annual leave payments,
overpayments, etc.
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Approve the
adjustment of pensions for retirees because of additional earnings, annual leave payments,
overpayments, etc.
The motion was supported by Ms. Misuraca and carried unanimously 7-0.
UPDATES FROM PREVIOUS AGENDA (NEW RETIREES)
Name Effective Date
Dennis Frederick 10/1/18
Margaret M Casey 10/1/18
ADJUSTMENTS Name Adjustment Date
Mark Hasselbach 9/1/2018
David Praedel 10/1/2018
Nancy Neff 9/1/18
ADJUSTMENTS TO CONTRIBUTIONS ONLY Name Adjustment Date
(None
3f. Re-calculations and/or Pop-ups due to death of spouse, and attainment of age 60 under
Disability Retirement as well as additional contributions.
Mr. Wilson moved the adoption of the following resolution:
5
October 29, 2018
Regular Meeting
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Approve the
Re-calculations and/or Pop-ups due to death of spouse, and attainment of age 60 under Disability
Retirement as well as additional contributions.
The motion was supported by Ms. Misuraca and carried unanimously 7-0.
RE-CALCULATIONS Name Conversion Date
(None)
POP-UPS Name Pop-Up Date
Donald Bracken 10/1/2018
3g. October stipends of $144,650.39 for pre-Medicare eligible members pursuant to Wayne
County Ordinance 2015-610.
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Approve the
October stipends of $144,650.39 for pre-Medicare eligible members pursuant to Wayne County
Ordinance 2015-610.
The motion was supported by Ms. Misuraca and carried unanimously 7-0.
3h. Correspondence.
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Accept the
correspondence.
The motion was supported by Ms. Misuraca and carried unanimously 7-0.
Mr. Macdonald requested the following statement to be placed in the minutes:
When I reviewed the correspondence for this WCERS Board meeting I found a letter dated October 12, 2018 from Warren Evans to Chief Judge Robert J. Colombo, Jr. that included a statement “WCERS will be instructed by me.” I find that statement to third parties as an insult to me personally and the Board for Evans to make such an assertion when he does not have the authority to “instruct” anyone on this Board, its staff or myself.
6
October 29, 2018
Regular Meeting
Ms. Tracy McAllister of Wayne County Corporation Counsel entered the meeting and
moved to the table at 9:26 am.
4. Recommendation from Dr. Andrew Vosburgh, Medical Director regarding the disability
retirement of the following members:
Non-Duty Disability
Douglas Hughes
Terrance Wallace
Duty Disability
John Prater
Curtis Harris
Mr. Macdonald made a motion to go into Closed Session pursuant to the provisions of the
Michigan Open Meetings Act, M.C.L.A. 15.243(1)(h), which permits a Public Body to discuss
matters in closed session that are subject to Physician-Patient Privilege, noting that a roll call is
required for this motion. This is not subject to disclosure under The Freedom of Information Act,
M.C.L.A 15.231 et seq. The agenda item to be discussed is #4.
The motion was supported by Mr. Wilson and carried unanimously 7-0 with a roll call vote,
Frank Simone - yes, Henry Wilson - yes, Tom Yee – yes, Elizabeth Misuraca - yes, Hugh Macdonald
– yes, Richard Kaufman – yes and Gary Woronchak – yes.
The Retirement Commission went into closed session at 9:26 am.
The Retirement Commission came out of closed session at 9:42 am.
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Accept the
legal report by Corporation Counsel regarding disability retirement(s); and further
RESOLVED, to Accept the Medical Director’s report; and further
RESOLVED, to Accept the recommendation(s) from the Medical Director and
Corporation Counsel; and further
RESOLVED, to Approve the non-duty disability and that further exams if required will
be determined by the Retirement Commission for:
Douglas Hughes
The motion was supported by Mr. Yee and carried unanimously 7-0.
7
October 29, 2018
Regular Meeting
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Accept the
legal report by Corporation Counsel regarding disability retirement(s); and further
RESOLVED, to Accept the Medical Director’s report; and further
RESOLVED, to Accept the recommendation(s) from the Medical Director and
Corporation Counsel; and further
RESOLVED, to Deny the non duty disability for:
Terrence Wallace
The motion was supported by Mr. Yee and carried unanimously 7-0.
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Accept the
legal report by Corporation Counsel regarding disability retirement(s); and further
RESOLVED, to Accept the Medical Director’s report; and further
RESOLVED, to Accept the recommendation(s) from the Medical Director and
Corporation Counsel; and further
RESOLVED, to Approve the duty disability and that further exams if required will be
determined by the Retirement Commission for:
John Prater
Curtis Harris
The motion was supported by Mr. Yee and carried unanimously 7-0.
5. Consideration of meeting minutes for the closed session(s) of September 28, 2018.
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Waive the
reading of the minutes and Approve the closed session(s) of September 28, 2018.
The motion was supported by Ms. Misuraca and carried unanimously 7-0.
14. Consideration of a confidential legal report from VanOverbeke, Michaud & Timmony,
P.C.
8
October 29, 2018
Regular Meeting
Mr. Wilson made a motion to go into Closed Session pursuant to M.C.L.A. 15.243(1) (g),
which permits a Public Body to discuss matters in closed session that are subject to Attorney-
Client Privilege, noting that a roll call is required for this motion. This is not subject to disclosure
under The Freedom of Information Act, M.C.L.A. 15.231 et seq. The agenda item to be discussed
is #14.
The motion was supported by Mr. Yee and carried unanimously 7-0 with a roll call vote,
Frank Simone - yes, Henry Wilson - yes, Tom Yee – yes, Elizabeth Misuraca – yes, Hugh Macdonald
– yes, Richard Kaufman – yes and Gary Woronchak – yes.
Mr. Brown and Mr. Green exited the meeting at 9:47 am.
Mr. Macdonald exited the meeting at 9:47 am due to a conflict of interest.
The Retirement Commission went into closed session at 9:47 am.
The Retirement Commission came out of closed session at 10:29 am.
Chairman Simone called for a recess at 10:30 am.
The Retirement Commission returned to session at 10:44 am with the following
Commissioners present: Frank Simone, Henry Wilson, Tom Yee, Elizabeth Misuraca, Hugh
Macdonald, Richard Kaufman and Gary Woronchak.
Mr. Wilson moved the adoption of the following resolution:
WHEREAS, the Retirement Commission of the Wayne County Employees’ Retirement
System (the “Retirement Commission”) is vested with the fiduciary responsibility for the proper
administration, management and operation of the Retirement System, and for making effective
the Retirement System provisions, and
WHEREAS, prior to Mr. Daniel Ogden Kerber separation from employment with the
Wayne County Airport Authority (“WCAA”) in 2009 he was a member of the Retirement
System’s Plan 5, and
WHEREAS, pursuant to the terms and conditions of the Severance Agreement and
Release (“Severance Agreement”) executed between Mr. Kerber and Mr. Lester Robinson, the
WCAA CEO at the time, Mr. Kerber was given the unprecedented opportunity to transfer from
Plan 5 into Plan 1, and
WHEREAS, the Severance Agreement specifically provides that Mr. Kerber be allowed
to “transfer his Plan 5 defined contribution pension assets to Plan 1, and elect Plan 1 as his
retirement plan”, and
WHEREAS, Mr. Kerber was allowed to retire from Plan 1 and commenced receipt of a
Plan 1 defined benefit pension of approximately $11,337.48 per month, and
9
October 29, 2018
Regular Meeting
WHEREAS, on April 27, 2011, Mr. Kerber withdrew the balance of his Plan 5 defined
contribution assets, and
WHEREAS, on May 2, 2011, Mr. Kerber was issued a check for the balance of his Plan 5
defined contribution assets, and
WHEREAS, accordingly, an audit of Mr. Kerber’s file revealed that he had withdrawn
his Plan 5 defined contribution assets but was still receiving a Plan 1 defined benefit pension,
and
WHEREAS, by receiving an increased defined benefit pension calculated pursuant to the
terms of Plan 1, Mr. Kerber was overpaid and received more money from the Retirement System
than he was entitled to,
WHEREAS, based on the unusual circumstances surrounding Mr. Kerber’s retirement
and the potentially fraudulent activity, staff, in accordance with the Wayne County Fraud
Ordinance and personnel policies, reported the perceived fraud to the Wayne County
Prosecutor’s Office, and
WHEREAS, pending the Wayne County Prosecutor’s investigation and subsequent
prosecution, Mr. Kerber’s pension benefits were suspended and held in trust, and
WHEREAS, Mr. Kerber, through his attorneys, Robert Mullen, Esq. and Jamil Akhtar,
Esq., appealed the Retirement Commission’s suspension of his benefits, and
WHEREAS, the Retirement Commission directed its legal counsel, the VanOverbeke,
Michaud & Timmony, P.C. law firm (“VMT”), to review the matter, and
WHEREAS, VMT has met with Retirement System staff to obtain all relevant
Retirement System records, including without limitation, Mr. Kerber’s personnel file, the
Severance Agreement, and all other relevant documents, and
WHEREAS, at its January 30, 2017, regular meeting, the Retirement Commission
considered an appeal from Mr. Kerber, allowing each of Mr. Kerber’s attorneys, Mr. Akhtar and
Mr. Mullen, the opportunity to present arguments to the Retirement Commission, and
WHEREAS, at its January 30, 2017, regular meeting, the Retirement Commission
resolved to deny Mr. Kerber’s appeal and affirm the suspension of his benefits, based on the
testimony, review of the appeal submission from Mr. Kerber’s attorneys, and advice from its
legal counsel, and
WHEREAS, the Michigan Supreme Court entered an order on October 2, 2018, by which
it declined the Wayne County Prosecutor’s application for leave to appeal the May 15, 2018,
judgment of the Michigan Court of Appeals, thus ending Mr. Kerber’s criminal prosecution, and
10
October 29, 2018
Regular Meeting
WHEREAS, at its October 29, 2018, regular meeting, the Retirement Commission
discussed Mr. Kerber’s retirement with staff and VMT, reviewing: (1) a confidential legal
opinion from VMT; (2) a copy of Mr. Kerber’s Severance Agreement; (3) a copy of the October
2, 2018, Order issued by the Michigan Supreme Court; (4) a copy of the calculation form for Mr.
Kerber’s Plan 5 defined benefit pension; (5) a copy of the July 1, 2009, Account Statement from
Prudential regarding Mr. Kerber’s Plan 5 defined contribution assets; and (6) a copy of the check
issued to Mr. Kerber on May 2, 2011,
WHEREAS, in its legal opinion, VMT advised the Retirement Commission that because
Mr. Kerber withdrew the assets from his Plan 5 defined contribution account he did not satisfy
the condition precedent required by the terms of his Severance Agreement and, accordingly,
should not have been permitted to retire from Plan 1, therefore be it
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Accept the
legal report from VMT, and be it further
RESOLVED, that the Wayne County Employees’ Retirement Commission Adopts with
the legal opinion from VMT that Mr. Kerber did not satisfy the conditions required under his
Severance Agreement to retire under the provisions of Plan 1, and be it further
RESOLVED, that the Wayne County Employees’ Retirement Commission Adjusts the
value of Mr. Kerber’s defined benefit pension to be calculated pursuant to the terms of Plan 5,
approximately $6,056.38 per month (minus any reductions necessary to recover the amount he
was overpaid), and be it further
RESOLVED, that the Wayne County Employees’ Retirement Commission, as soon as
administratively feasible, Directs staff to restart Mr. Kerber’s plan 5 pension, and be it further
RESOLVED, that the Wayne County Employees’ Retirement Commission Directs staff
to use the assets held in trust during the suspension of Mr. Kerber’s defined benefit pension to
offset the amount Mr. Kerber owes the Retirement System, with interest, and be it further
RESOLVED, that Wayne County Employees’ Retirement Commission Directs staff to
recover the remaining amount Mr. Kerber has been overpaid from the Retirement System, with
interest, from either a lump sum payment from Mr. Kerber or pursuant to a repayment plan
overseen by the Executive Director in consultation with VMT, the Retirement System’s actuary,
and any other Retirement System service provider deemed necessary, and be it further
RESOLVED, that the Wayne County Employees’ Retirement Commission Directs VMT
to send written correspondence to Mr. Kerber’s attorneys to inform them of this decision and
offer Mr. Kerber his repayment options.
The motion was supported by Mr. Yee and carried 6-0-1 with Mr. Macdonald abstaining.
(Mr. Macdonald abstained due to a conflict of interest and did not participate in the closed session).
Mr. Timmony exited the meeting for the day at 10:45 am.
11
October 29, 2018
Regular Meeting
Mr. Mike Welker, Mr. Peter Brown and Mr. Brian Green from AndCo Consulting entered
the meeting and moved to the table at 10:45 am.
6. Consideration of the September flash report on the Defined Benefit Plan from AndCo
Consulting.
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Accept the
September flash report on the Defined Benefit Plan from AndCo Consulting.
The motion was supported by Mr. Yee and carried unanimously 7-0.
7. Consideration of a report, dated October 29, 2018 from AndCo Consulting regarding
information requested by Commissioner Kaufman.
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Accept the
report, dated October 29, 2018 from AndCo Consulting regarding information requested by
Commissioner Kaufman.
The motion was supported by Mr. Yee and carried unanimously 7-0.
Ms. McAllister and Mr. Kavanagh exited the meeting for the day at 11:30 am.
8. Consideration of a status update on the Defined Benefit Plan from AndCo Consulting.
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Receive and
File the verbal status update on the Defined Benefit Plan from AndCo Consulting.
The motion was supported by Mr. Yee and carried unanimously 7-0.
9. Consideration of a verbal report from Committee Chair, Hugh Macdonald regarding the
Audit Committee meeting of October 11, 2018.
Mr. Macdonald moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Accept the
verbal report from Committee Chair, Hugh Macdonald on the Audit Committee meeting October
11, 2018.
The motion was supported by Mr. Wilson and carried unanimously 7-0.
12
October 29, 2018
Regular Meeting
10. Consideration of an update on the Prudential Life Insurance Policy.
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission, to Receive and
File the update on the Prudential Life Insurance Policy.
The motion was supported by Mr. Yee and carried unanimously 7-0.
11. Consideration of an updated from Robert Grden on the Prudential Retirement Client
Advisory Board meeting.
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission to Accept the
verbal update from Robert Grden on the Prudential Retirement Client Advisory Board meeting.
The motion was supported by Mr. Yee and carried unanimously 7-0.
Mr. Woronchak exited the meeting for the day at 10:54 am.
12. Consideration of an update from Robert Grden on the Crescent Direct Lending Levered
Fund, L.P. Advisory Board meeting.
Ms. Misuraca moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission to Accept the
verbal update from Executive Director, Robert Grden on the Crescent Direct Lending Levered
Fund, L.P. Advisory Board meeting.
The motion was supported by Mr. Wilson and carried unanimously 6-0.
13. Consideration of an update from Robert Grden on the AEW Capital Partners VII, L.P.
Advisory Board meeting.
Mr. Wilson moved the adoption of the following resolution:
RESOLVED, by the Wayne County Employees’ Retirement Commission to Accept the
update from Executive Director, Robert Grden on the AEW Capital Partners VII, L.P. Advisory
Board meeting.
The motion was supported by Mr. Yee and carried unanimously 6-0.
15. Such other Matters.
Mr. Abb stated he received compliments relating to WCERS staff for outstanding service
13
October 29, 2018
Regular Meeting
and communication from Felicia Hollis and Gerard Grysko when he was representing WCERS in a
matter at Probate Court from the Personal Representative for and estate.
Mr. Yee stated he has a Bachelor, and Masters degree from the University of Michigan in
accounting and attends conferences frequently and in his judgment both AndCo Consulting and
Retirement System staff are doing outstanding work and communicate to all Retirement
Commissioners. He is very disappointed that information from Corporation Counsel is only been
given to one Retirement Commissioner and not shared prior to the meeting.
Mr. Grden reminded the Commissioners that Northern Trust will be attending the Quarterly
Retirement Commission meeting on November 9, 2018, and will request Seminole to consider
changing the teleconference call to allow WCERS to participate.
16. Reconsiderations.
There were no reconsiderations.
17. Public Comment.
There was no public comment.
18. Adjournment.
Ms. Misuraca moved to adjourn the meeting.
The motion was supported by Mr. Wilson and carried unanimously 6-0.
There being no further business to come before the Retirement Commission the meeting
was adjourned at 12:00 pm subject to the call of the Chair.
14
October 29, 2018
Regular Meeting
VOUCHERS RETIREMENT EXPENSE FUND 28 Associates, LLC Lease for November, 2018 17,047.60
28 Associates, LLC Electric billing period: 10/09/18 reading 387.22
Absopure Water 102.60
DeRoy & Devereaux Management fee quarter ending 9/30/18 55,358.00
Direct TV Charges for service period: 10/18/18-11/17/18 60.99
Earnest Partners, LLC Management fee quarter ending 9/30/18 80,620.60
Fisher Investments Management fee quarter ending 9/30/18 106,263.41
Gabriel, Roeder, Smith & Co Actuarial services for September 2018 8,000.00
Gerard J Grysko Consulting LLC Consulting services for the month of September, 2018 10,800.00
Grden, Robert IFEBP conf. Oct 14-17, 2018, airfare for T. Pickett 455.00
Grden, Robert IFEBP conf. Oct 14-17, 2018, registration fee for T. Pickett 1,565.00
Grden, Robert IFEBP conf. Oct 14-17, 2018, registration fee for T. Yee 1,565.00
Grden, Robert
IFEBP conf. Oct 14-17, 2018, registration fee for H. Wilson
(credit for cancelation & $50 cancel fee applied to credit balance) 1,565.00
Grden, Robert NAGDCA conf. Sep 23-26, 2018, airfare for R. Grden 261.40
Grden, Robert NAGDCA conf. Sep 23-26, 2018, lodging for R. Grden 793.50
Grden, Robert NAGDCA conf. Sep 23-26, 2018, meals for R. Grden 192.00
Grden, Robert NAGDCA conf. Sep 23-26, 2018, transportation for R. Grden 29.28
Grden, Robert NAGDCA conf. Sep 23-26, 2018, mileage reimb. for R. Grden 21.80
Grden, Robert
P&I defined contr. conf. Oct 20-23, 2018, lodging first night for E.
Misuraca
383.16
Kirt, Casandra Mileage reimbursement. 25.83
Loomis Sayles & Company, L. P. Management fee quarter ending 09/30/18 24,891.74
Misuraca, Elizabeth P & I defined contr. conf. Oct 20-23, 2018, lodging for E. Misuraca 766.32
Misuraca, Elizabeth P & I defined contr. conf. Oct 20-23, 2018, meals for E. Misuraca 192.00
Misuraca, Elizabeth P & I defined contr. conf. Oct 20-23, 2018, mileage reimb. for E. Misuraca 21.80
Nickel & Saph, Inc. Notary bond for Wendy Foster 55.00
NorthPointe Capital LLC Management fee quarter ending 9/30/18 52,662.51
Pension Benefit Information, LLC Death audit services September 28th, 2018 2,824.90
Pickett, Todd IFEBP conf. Oct 14-17, 2018, lodging for T. Pickett 446.33
Pickett, Todd IFEBP conf. Oct 14-17, 2018, meals for T. Pickett 128.00
Pickett, Todd IFEBP conf. Oct 14-17, 2018, mileage reimb. for T. Pickett 21.80
Pickett, Todd IFEBP conf. Oct 14-17, 2018, baggage fee for T. Pickett 25.00
Pickett, Todd IFEBP conf. Oct 14-17, 2018, baggage fee for T. Pickett 25.00
Pickett, Todd IFEBP conf. Oct 14-17, 2018, CPA class registration fee for T. Pickett 25.00
Pickett, Todd IFEBP conf. Oct 14-17, 2018, taxi cab fee for T. Pickett 51.75
Pickett, Todd IFEBP conf. Oct 14-17, 2018, taxi cab fee for T. Pickett 41.40
Pickett, Todd IFEBP conf. Oct 14-17, 2018, lodging reconciliation charge for T. Pickett 0.87
Premier Parking of Michigan Parking for November 2018 1,950.00
Premier Pension Consulting, LLC Consulting services for the month of September, 2018 14,583.33
Providence Occupational Health Partners Medical Director(Dr.Vosburgh) exam fees 1,650.00
Reinhart Partners, Inc. Management fee quarter ending 9/30/18, mid cap 65,943.00
Seizert Capital Partners Management fee quarter ending 9/30/18 60,849.00
State Bar of Michigan Attorney member dues for A. Hussein 315.00
State of Michigan Notary fee for W. Foster 10.00
Sterling Office Systems
Quarterly meter, copier maintenance, period 10/01/18-12/31/18(base),
07/01/18-09/30/18(overage)
1,223.46
Sterling Office Systems Freight fee. 8.95
The Northern Trust Company Management/Custodian fee quarter ending 9/30/18 34,137.68
The Northern Trust Company Management fee quarter ending 9/30/18, Russell 3000 index 738.77
The Northern Trust Company Management fee quarter ending 9/30/18, ACWI EX-US index 2,320.96
The Northern Trust Company Management fee quarter ending 9/30/18, Bond index 868.75