STATE COMPENSATION INSURANCE FUND
BOARD OF DIRECTORS
BOARD OF DIRECTORS/EXECUTIVE COMMITTEE
STATEGIC PLANNING MEETING
BOARD OF DIRECTORS MEETING
September 13 - 15, 2011
Napa Valley Marriott Hotel
Napa Valley Ballroom
3425 Solano Avenue
Napa, CA 94558
BOARD MEMBERS
Lawrence E. Mulryan, Chair
Sheryl A. Chalupa
Daniel M. Curtin
Donald E. Garcia
Sen. Michael J. Machado (Ret.)
Francis E. Quinlan
Steven L. Rank
Thomas E. Rankin
Scott K. Reid
William M. Zachry
Christine Baker (Ex-Officio)
| OPEN SESSION | September 13, 2011 @ 11:00 a.m. | ||
| Action/Lawrence Mulryan | 1. | Call to Order and Roll Call | |
Action/Lawrence Mulryan |
2. | Appointment of Assistant Corporate Secretary Attachment |
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| Action/Lawrence Mulryan | 3. | Antitrust Admonition |
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| Action/Lawrence Mulryan | 4. | Public Comment on Appropriateness of Closed Session for Items 6, 8-13 |
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| Action/Lawrence Mulryan | 5. | Public Comment | |
| CLOSED SESSION (BOD/EC) | (September 13 @ 11:15 a.m. – September 14 @ 11:30 a.m.) | ||
| Action/Lawrence Mulryan | 6. | Strategic Planning Session [Government Code sections 11126(a), (j)(4)] |
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| CLOSED SESSION | September 15, 2011 @ 8:00 a.m. | ||
| Action/Lawrence Mulryan | 7. | Approval of July 14-15, 2011 Closed Meeting Minutes | |
| Action/Lawrence Mulryan | 8. | Planning for 2012 Agenda Items [Government Code section 11126(j)(4)] |
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Action/Ken Van Laar |
9. | Pricing Update [Government Code section 11126(j)(4)] |
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Information/Pete Guastamachio |
10. | Impact of S&P’s Downgrade of the U.S. on State Fund’s
Investment Portfolio |
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| Information/Carol Newman, and Judith Sapper |
11. | Pending and Potential Litigation [Government Code sections 11126(e), (j)(4)] |
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a. |
State Compensation Insurance Fund v. Workers’ Compensation Appeals Board (Almaraz), |
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b. |
Baker v. Workers’ Compensation Appeals Board (X.S.), S179194 |
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c. |
State Compensation Insurance Fund v. Workers’ Compensation
Appeals Board (Dorsett), |
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d. |
Ogilvie v. Workers’ Compensation Appeals Board (Ogilvie), A126427 |
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e. |
Popovich v. Workers’ Compensation Appeals Board (Popovich), |
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f. |
California Attorneys, et al. in State Employment (CASE) v. State
Compensation Insurance Fund, Los Angeles Superior Court No. BS131924 |
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g. |
State Compensation Insurance Fund v. Onvoi Business Solutions, Inc., |
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| Action/Lawrence Mulryan | 12. | Personnel Matters [Government Code sections 11126(a), (j)(4)] |
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| Information/Francis Quinlan | 13. | Significant Open Audits Report [Government Code sections 11126(j)(2), (3) and (4)] |
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| OPEN SESSION | September 15, 2011 @ 9:30 a.m. or upon adjournment or recess of the Closed Session, whichever is later. | ||
| Action/Lawrence Mulryan | 14. | Call to Order and Roll Call | |
| Action/Lawrence Mulryan | 15. | Consent Calendar1 | |
a. |
Approval of July 14-15, 2011 Open Meeting Minutes Attachment |
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b. |
Board Member Training Opportunities and |
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c. |
Renewal of Expiring November 2011 Insurance Coverage Attachment |
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d. |
Approval of Retirement Resolutions Nos. 1001 ~ 1005 (Lee, Sun, Bausell, Fuller, Gorospe) Attachment (originals available for signature at meeting) |
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| Information/Ken Van Laar | 16. | Directors and Officers/Other Professional Lines Insurance Program |
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| Information/Dan Sevilla | 17. | Financial Update—2nd Quarter 2011 Attachment |
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| Information/Tom Rowe | 18. | President’s Report | |
a. |
State of the Market | ||
| 19. | Committee Chairs’ Reports | ||
| Action/Lawrence Mulryan | a. |
Governance Committee | |
i. |
Amendment to State Fund By-laws Attachment |
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ii. |
Performance Based Incentive Compensation for CEA’s and Program Managers |
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iii. |
Update on 2012 Committee and Board Agenda Items |
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iv. |
Update on 2012 Board Schedule and Location Attachment |
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| Information/Francis Quinlan | b. |
Audit Committee | |
i. |
Completed Closed Audits |
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Information/Michael Machado |
c. |
Investment Committee | |
i. |
Bond Transactions and Compliance Reports Attachment |
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| Information/Lawrence Mulryan | 20. | Chair’s Report | |
| Information | 21. | Board Members’ Reports | |
| Action/Lawrence Mulryan | 22. | Performance Based Retention Tool for Exempt Positions | |
| Information | 23. | Proposals and Suggestions for November, 2011 Agenda | |
Next Board of Directors Meeting: |
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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.
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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. |
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