Manchester Municipal Risk Management Authority


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Upcoming Meetings
02.04.20 Facilities Management Risk Control Advisory Committee Meeting
02.26.20 Membership Committee Meeting
02.26.20 Investment Committee Meeting
02.27.20 2020 Risk Management Workshop
02.28.20 State Pool Committee Meeting
03.06.20 Parks and Rec Advisory Committee Meeting

Featured Training
01.28.20 Autism & Intellectual Developmental Disorders
02.17.20 Managing a Mental Health Crisis
03.11.20 Temporary Traffic Control Training
03.12.20 Rapid Response to Active Shooter
03.17.20 Managing a Mental Health Crisis
04.08.20 Temporary Traffic Control Training
04.15.20 Managing a Mental Health Crisis
04.27.20 Tactical Encounters for Patrol Officers
04.30.20 Tactical Encounters for Patrol Officers


What's New/Hot Topic From MMRMA to You
Board Approves $33.6 Million Distribution
The Board of Directors declares distribution of excess net assets to current renewing MMRMA members.


December 2019 Risk Journal
Michigan's Recreational Marijuana Law; Proper Inmate Classification in Corrections Facilities; MMRMA Publishes Cyber Security Bulletins and Other Risk Management Resources.

October 2019
Managing Intake and Booking to Reduce Risks in Jail Operations; Board Member Jeff Lawson; Highlights from August 2019 Annual Meeting

Call for Letters of Interest: Vacancy on MMRMA Investment Committee

Posted: Monday, January 6, 2020

There is currently a vacancy on MMRMA's Investment Committee. 

Board Chair Michael Bosanac requests that letters of interest in filling the seats be mailed to him at MMRMA, 14001 Merriman, Livonia, MI 48154; Attention Michael Rhyner. Letters may also be e-mailed to mrhyner@mmrma.org.  Criteria for appointment include previous service to or participation with MMRMA, relevant qualifications (finance and insurance experience), candidate’s length of service to the MMRMA entity he/she represents, and the member entity’s longevity with MMRMA. Letters or e-mails must be received no later than Monday, February 3, 2020

Investment Committee members are appointed by the Board Chair with concurrence of the full Board.  Committee members must be officers of MMRMA member entities as defined in the Joint Powers Agreement.

The Investment Committee provides advice and assistance to the Board of Directors and Executive Director regarding MMRMA’s investment and financial functions.  Typical duties include:

  1. Assisting the Board and Executive Director in the development and implementation of Investment Guidelines and Policies and helping ensure compliance with such guidelines and policies.
  2. Assisting the Board and Executive Director in the selection of the Investment Consultant and assisting the Executive Director in the evaluation of the performance of the Investment Consultant.
  3. Assisting the Board and Executive Director in the selection of the Investment Managers and assisting the Executive Director in the evaluation of the performance of the Investment Managers.
  4. Assisting the Board and Executive Director in the implementation of the Net Asset Policy, including the annual recommended level of capital adequacy and identification of excess or deficient net assets.
  5. Reviewing and accepting financial statements.
  6. Reviewing and accepting investment reports.Other functions as requested by the Executive Director.

The committee meets on a quarterly basis.  MMRMA pays a per diem to committee members and also provides reimbursement for travel expenses.  If you have any questions concerning the committee opening or the appointment process, please contact Michael Rhyner at 734-513-0300 or mrhyner@mmrma.org.




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Michigan Municipal Risk
Management Authority

14001 Merriman Road
Livonia, MI 48154
734.513.0300
800.243.1324

MMRMA has been a leader in municipal risk since 1980 and remains committed to meeting the ever-expanding challenges faced by its membership. MMRMA's risk control services are designed to help its members identify, prevent, and mitigate losses through on-site surveys, training, and other services. MMRMA also provides its members with premier claims and legal services, sound financial management, and essential news on the latest developments in public risk management.


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