State Compensation Insurance Fund
Board of Directors
Audit Committee
August 15, 2012
2:00 p.m.
State Compensation Insurance Fund Office
333 Bush Street, 7th floor
San Francisco, CA 94104
COMMITTEE MEMBERS
Francis E. Quinlan, Chair
Steven L. Rank
William M. Zachry
Sheryl A. Chalupa (Alternate)
| OPEN SESSION |
Wednesday, August 15, 2012 @ 2:00 pm |
|
| Action/Frank Quinlan | 1. | Call to Order and Roll Call |
| Action/Frank Quinlan | 2. | Antitrust Admonition |
| Action/Frank Quinlan | 3. | |
Information/Dante Robinson |
4. | Completed Closed Audits |
Action/Vera De Martini |
5. | Review of Committee Charter |
Information/Frank Quinlan |
6. | Public Comment on Appropriateness of Closed Session for Items 9 through 13. |
| Information/Frank Quinlan | 7. | Public Comment |
| CLOSED SESSION | ||
| Action/Frank Quinlan | 8. | Approval of May 16, 2012 Closed Meeting Minutes |
Information/Dante Robinson |
9. | Internal Audit Report – 2nd Quarter |
Information/Dante Robinson |
10. | Review of Audit Committee Agenda [Government Code Section 11126(j)(4)] |
Information/Maryann Lazernik and |
11. | Pending and Potential Fraud, Criminal and Civil Litigation [Government Code Sections 11126(e), (j)(2), (4)] |
| Information/Dan Sevilla | 12. | Pension and Other Post Employment Benefits (OPEB) Update [Government Code Section 11126(j)(4)] |
Information/Frank Quinlan |
13. | Audit Considerations Related to the Strategic Plan [Government Code Section 11126(j)(4)] |
| OPEN SESSION | 4:15 p.m. or upon adjournment or recess of the Closed Session, whichever is later | |
| Action/Frank Quinlan | 14. | Call to Order and Roll Call |
| Information/Frank Quinlan | 15. | Committee Member Presentations |
| Information/Frank Quinlan | 16. | Proposals and Suggestions for November 15, 2012 Agenda |
| Next Committee Meeting November 15, 2012 | ||
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 this 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.
