BOARD OF DIRECTORS MEETING
February 18, 2016
2:00 p.m.
Or Upon Adjournment or Recess of the
Investment Committee Meeting, Whichever is Later
State Compensation Insurance Fund
333 Bush Street, 7th floor
San Francisco, CA 94104
BOARD MEMBERS
Sheryl A. Chalupa, Chair
Robin L. Baker
Daniel M. Curtin
Marvin P. Kropke
Sen. Michael J. Machado (Ret.)
Lawrence E. Mulryan
Jack L. Neureuter
Steven L. Rank
Thomas E. Rankin
Scott K. Reid
William M. Zachry
Christine Baker (Ex-Officio)
| OPEN SESSION | Thursday, February 18, 2016 @ 2:00 pm |
|
| Action/Sheryl Chalupa | 1. | Call to Order and Roll Call |
| Action/Sheryl Chalupa | 2. | Antitrust Admonition |
Action/Sheryl Chalupa |
3. | Consent Calendar1 |
a. |
Approval of December 10 and 11, 2015 Open Meeting Minutes | |
b.
| Board Member Educational Opportunities and Approval of Planned Board Member Education and Expense Reimbursement | |
c.
| Approval of Retirement Resolutions (originals available for signature at meeting) |
|
| Information/Andreas Acker | 4. | Staffing Update |
a. |
Staffing | |
b. |
Employee Leave Balance and Usage | |
| Information/Peter Guastamachio | 5. | Financial Update – Year End 2015 |
| Information/Vernon Steiner | 6. | President’s Report |
| 7. | Reports by the Chairs of Committee Activities | |
| Information/Lawrence Mulryan | a. |
Governance Committee |
i. |
Governance, Compliance and Privacy Update | |
| Information/Sheryl Chalupa | b. |
Audit Committee |
i. |
Update on Completed Closed Audits | |
| Information/Michael Machado | c. |
Investment Committee |
i. |
Bond Transactions and Compliance Report | |
| Information/Sheryl Chalupa | 8. | Chairwoman’s Report |
| Information/Sheryl Chalupa | 9. | Board Member Reports |
| Information/Sheryl Chalupa | 10. | Public Comment on Appropriateness of Closed Session for Items 13 through 23. |
| Information/Sheryl Chalupa | 11. | Public Comment |
CLOSED SESSION |
||
| Action/Sheryl Chalupa | 12. | Approval of December 10 and 11, 2015 Closed Meeting Minutes |
| Information/Vernon Steiner and Peter Guastamachio | 13. | Update on Strategic Plan 2015-2017 [Government Code Section 11126(j)(4)] |
| Information/Vernon Steiner and Andreas Acker | 14. | Governance Considerations Related to the Strategic Plan: Human Resources Strategic Planning [Government Code Sections 11126(a), (j)(4)] |
a. |
Engagement Survey | |
b. |
2015 Performance Awards Program | |
c. |
Review of President and Executive Leadership 2015 Performance Against Plan | |
d. |
Executive Compensation | |
e. |
Review and Approval of President and Executive Leadership 2016 Performance Objectives | |
| Information/Jennifer Vargen | 15. | Legislative Strategic Update [Government Code Section 11126(j)(4)] |
| CLOSED SESSION | Friday, February 19, 2016 | |
| Information/Ken Van Laar and Randy Hogan | 16. | Enterprise Risk Management Update [Government Code Section 11126(j)(4)] |
| Information/Stephen Hunckler | 17. | Update on Claims Strategic Plan [Government Code Section 11126(j)(4)] |
| Information/Marj Hutchings | 18. | Update on IT Strategic Plan [Government Code Section 11126(j)(4)] |
| Information/Margie Lariviere | 19. | Board and Committee Effectiveness [Government Code Section 11126(j)(4)] |
| Information/Len Welsh and Lauren Mayfield | 20. | Workplace Safety and Loss Prevention Strategic Update [Government Code Section 11126(j)4)] |
| Information/Sheryl Chalupa | 21. | Significant Open Audits Report and Fraud Litigation Report [Government Code Sections 11126(e), (j)(2), (3) and (4)] |
| Information/Michael Machado | 22. | Financial and Investment Considerations Related to the Strategic Plan [Government Code Section 11126(j)(4)] |
| Information/Judith Sapper | 23. | Pending and Potential Litigation [Government Code Sections 11126(e), (j)(4] |
a. |
Chorn v. Brown, et al., Second District Court of Appeal Case No. B256117; Los Angeles Superior Court Case No. BC528190 | |
b. |
Frances Stevens v. Outspoken Enterprises, Inc. and State Compensation Insurance Fund, First District Court of Appeal, Division One Case No. A141435, Supreme Court of California Case No. S230996 | |
c. |
Zuniga v. Interact Trucking and State Fund; First District Court of Appeal Division Two Case No. A143290 | |
d. |
Hallmark Marketing, et al. v. Workers' Compensation Appeals Board (Southard); Third District Court of Appeal Case No. C079912, ADJ218782 | |
e. |
Contra Costa County v. Workers’ Compensation Appeals Board (Dahl); First District Court of Appeal, Division Two, Case No. A141046, ADJ1310387 | |
f. |
Ramirez v. The State of California Department of Health Care Services; State Fund; Workers’ Compensation Appeals Board; Third District Court of Appeal Case No. C078440, ADJ6821103 | |
g. |
City of Jackson v. Workers' Compensation Appeals Board (Rice); Third District Court of Appeal Case No. C078706, ADJ8701916 | |
h. |
Kirk King, et al. v. CompPartners, Inc., et al.; Fourth District Court of Appeal, Division Two, Case No. E063527 | |
i. |
State Compensation Insurance Fund v. Sana Ulla Khan, et al.; U.S. District Court, Central District of California, Southern Division Case No. 8:12-cv-01072 CJC-JCG (mLGx) | |
j. |
State Compensation Insurance Fund v. Michael D. Drobot Sr., et al.; U.S. District Court, Central District of California, Southern Division Case No. SACV13-00956 AG (CWx) | |
k. |
Hablian, et al. v. Zurich, et al.; Van Nuys WCAB Case No. VNO 403 724 | |
l. |
Electronic Waveform Lab v. EK Health Services, et al.; Los Angeles Superior Court Case No. BC467496; U.S. District Court for the Central District of California, Case No. 2:15-cv-08061-DMG-RAO | |
m. |
John Lopez, et al. v. State Compensation Insurance Fund; Fresno Superior Court Case No. 14CECG03641 | |
| OPEN SESSION | February 19, 2016 @ 10:00 am or upon adjournment or recess of the Closed Session, whichever is later. | |
| Action/Sheryl Chalupa | 24. | Call to Order and Roll Call |
| Action/Sheryl Chalupa | 25. | Approval of 2015 Performance Awards |
| Action/Sheryl Chalupa | 26. | Approval of President and Executive Leadership 2015 Performance Against Plan and 2016 Executive Compensation |
| Information/Sheryl Chalupa | 27. | Proposals and Suggestions for May 26-27, 2016 Agenda |
| Next Board Meeting: May 26-27, 2016 at State Fund Corporate Office, 333 Bush Street, San Francisco, CA | ||
| 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. | ||
| 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. | ||
