State Compensation Insurance Fund
Board of Directors
Audit Committee
September 14, 2011
12:00 Noon or Upon Adjournment or
Recess of the
Board of Directors/Executive Committee’s Strategic Meeting,
whichever is later
Napa Valley Marriott Hotel
Napa Valley Ballroom
3425 Solano Avenue
Napa, CA 94558
COMMITTEE MEMBERS
Francis E. Quinlan, Chair
Steven L. Rank
William Zachry
Sheryl A. Chalupa (Alternate)
| OPEN SESSION | 12:00 p.m. |
|
| Action/Frank Quinlan | 1. | Call to Order and Roll Call |
| Action/Frank Quinlan | 2. | Approval of July 14, 2011 Open Meeting Minutes Attachment |
| Information/Marie Wardell | 3. | Completed Closed Audits |
|
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Information/Leigh Wilson |
4. | Report of External Auditor |
| Action/Frank Quinlan | 5. | Ratification of 2011 External Auditor’s Engagement Fee |
| Action/Frank Quinlan | 6. | Public Comment on Appropriateness of Closed Session for Items 9 through 13. |
| Action/Frank Quinlan | 7. | Public Comment |
| CLOSED SESSION | ||
| Action/Frank Quinlan | 8. | Approval of July 14, 2011 Closed Meeting Minutes |
| Information/Marie Wardell | 9. | Update on 2010 and 2011 Outstanding Audits and Investigations |
Information/Dan Sevilla |
10. | Pension and Other Post Employment Benefits (OPEB) Update |
Information/Carol Newman |
11. | Update on Senior Vice President of Internal Affairs |
Information/Frank Quinlan/ |
12. | Planning for 2012 Audit Plan and 2012 Agenda Items |
Information/Frank Quinlan |
13. | Audit Considerations Related to the Strategic Plan |
| OPEN SESSION | 1:45 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 17, 2011 |
| Next Committee Meeting November 17, 2011 | ||
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.
