Board of Directors Meeting
January 16, 2009, 8:30 a.m. – 5 p.m.
Auditorium
Milton Marks Conference Center
455 Golden Gate Ave.
San Francisco, CA 94102
BOARD MEMBERS
Jeanne Cain, Chair
Sheryl Chalupa
Vincent Mudd
Francis Quinlan
(Ex-officio)
John Duncan
Jerry Kalmar
Don Moulds
| Action/Jeanne Cain | 1. | Call to Order and Roll Call |
| Information/Jeanne Cain | 2. | Antitrust Admonition |
| Attachment | ||
| 3. | Public Comment on Appropriateness of Closed Session for Items 4 through 8. | |
| CLOSED SESSION |
8:30 a.m. | |
| Information/Jim Neary | 4. | Reinsurance Renewal 2009 and Insurance Update (Government Code section 11126(j)(4)) |
| Information/Carol Newman; Connie Raiche | 5. | Litigation Strategy (Government Code section 11126(e), 11126(j)(4)) |
| Information/Jay Stewart | 6. | Financial Strategy (Government Code section 11126(j)(4)) |
| Information/Becky Wanta | 7. | IT Strategy (Government Code section 11126(j)(4)) |
| Information/Janet Frank | 8. | Personnel Matters including Executive Performance Evaluations (Government Code section 11126(a)) |
| OPEN SESSION | 11:00 a.m. | |
| Action/Jeanne Cain | 9. | Call to Order and Roll Call |
| Action/Jeanne Cain | 10. | Antitrust Admonition |
| Attachment | ||
| Information/Jeanne Cain | 11. | Introduction of Guests |
| Action/Jeanne Cain | 12. | Consent Calendar1 |
| a. Approval of Minutes of November 20 - 21, 2008 Meeting of Board | ||
| Attachment (amended) | ||
| b. Retirement Resolutions Nos. 859-861 | ||
| Attachment (originals available for signature at meeting) | ||
| Information/Janet Frank | 13. | President’s Report |
| Information/Christine Baker, Lachlan Taylor | a. California Commission on Health and Safety and Workers’ Compensation: Fraud in the Workers’ Compensation System | |
| Attachment | ||
| Information/Janet Frank | b. Reinsurance Renewal Status (Oral) | |
| Information/Vincent Mudd | 14. | Ratification of Investment Transactions |
| a. Bond Transactions | ||
| Attachment | ||
| b. Short-Term Investment Transactions | ||
| Attachment | ||
| c. Compliance Report | ||
| Attachment | ||
| 15. | Committee Reports (Oral) | |
| Information/Vincent Mudd | a. Investment Committee Update | |
| Action/Francis Quinlan | b. Audit Committee Update | |
| Information/Jay Stewart | 16. | Updated Year-End Financial Forecast 2008 (Oral) |
| Action/Jeanne Cain | 17. | Chair’s Report & Recruitment of New Board Members |
| a. Resignation of James Santangelo | ||
| Attachment | ||
| b. Appointment of New Member(s) (Oral) | ||
| c. Appointment of Governance Committee Members (Oral) | ||
| d. Appointment of Alternate Committee Members (Oral) | ||
| Information | 18. | Board Member Reports (Oral) |
| Information | 19. | Proposals and suggestions for March 13, 2009 Agenda (Oral) |
| Information | 20. | Public Comment |
| Next Board Meeting March 12, 2009 at 4:00 pm & March 13, 2009, at 8:30 a.m. | ||
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. Public comment will be limited to three (3) minutes per speaker and ten (10) minutes per subject item.
1Items on the Consent Calendar include routine actions or matters already considered by a committee of the Board and will be enacted by one motion and one vote. There will be no separate discussion of these items unless a Board Member or the public so requests. It is in the Board’s discretion to remove items already considered by a committee of the Board from the Consent Calendar. Any item removed from the Consent Calendar will be considered in its normal sequence on the agenda. If you wish to have an item removed from the Consent Calendar, please submit a speaker card or make your request at the time the Board Chairperson asks if any member of the public wishes to remove an item from consent. After an item, if any, removed from the Consent Calendar has been discussed, the Board will vote to approve all items remaining on the Consent Calendar.
