State Compensation Insurance Fund
Board of Directors
Audit Committee
February 17, 2016
2:00 p.m.
State Compensation Insurance Fund
333 Bush Street, 7th floor
San Francisco, CA 94104
COMMITTEE MEMBERS
Sheryl A. Chalupa, Chair
Sen. Michael J. Machado (Ret.)
Scott K. Reid
Steven L. Rank
William M. Zachry
| OPEN SESSION | February 17, 2016 @ 2:00 pm | |
| Action/Sheryl Chalupa | 1. | Call to Order and Roll Call |
| Action/Sheryl Chalupa | 2. | Antitrust Admonition |
| Action/Sheryl Chalupa | 3. | Approval of December 9, 2015 and January 6, 2016 Open Meeting Minutes |
| Information/Dante Robinson | 4. | Completed Closed Audits |
| Information/Andreas Acker and Patrick Gage | 5. | Whistleblower Hotline |
| Information/Sheryl Chalupa | 6. | Public Comment on Appropriateness of Closed Session for Items 9 through 15. |
| Information/Sheryl Chalupa | 7. | Public Comment |
| CLOSED SESSION | ||
| Action/Sheryl Chalupa | 8. | Approval of December 9, 2015 and January 6, 2016 Closed Meeting Minutes |
| Information/Andreas Acker and Patrick Gage | 9. | Update on Personnel Investigations [Government Code Sections 11126(a), (j)(4)] |
| Information/Dante Robinson |
10. | Special Investigation Unit Update – 4th Quarter 2015 [Government Code Sections 11126(e), (j)(2), (4)] |
| Information/KPMG | 11. | Report of External Auditor [Government Code Sections 11126(a), (j)(4)] |
| Information/Dante Robinson | 12. | Internal Audit Report – 4th Quarter 2015 [Government Code Sections 11126(a), (j)(2), (3), (4)] |
| Information/Peter Guastamachio | 13. | Model Audit Rule Update [Government Code Sections 11126(j)(4)] |
| Information/Peter Guastamachio | 14. | Update on Pension and Other Post-Employment Benefits (OPEB) [Government Code Section 11126(j)(4)] |
Information/Sheryl Chalupa |
15. | Audit Considerations Related to the Strategic Plan [Government Code Section 11126(j)(4)] |
| OPEN SESSION | 4:00 p.m. or upon adjournment or recess of the Closed Session, whichever is later | |
| Action/Sheryl Chalupa | 16. | Call to Order and Roll Call |
| Information/Sheryl Chalupa | 17. | Committee Member Presentations |
| Information/Sheryl Chalupa | 18. | Proposals and Suggestions for May 25, 2016 Agenda |
| Next Committee Meeting: May 25, 2016 at State Fund Corporate Office, 333 Bush Street, San Francisco, CA | ||
Note: Items designated for information are appropriate for Board/Committee action if the Board/Committee wishes to take action. Any agenda item from a properly noticed Committee meeting held immediately prior to the Board meeting may be considered by the Board. Agenda items may be taken out of order with the approval of the Chairperson. Public comment will be limited to three (3) minutes per speaker and ten (10) minutes per subject item.
