BOARD OF DIRECTORS MEETING
November 20-21, 2014
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 Chalupa, Chair
Robin Baker
Daniel M. Curtin
Marvin Kropke
Sen. Michael J. Machado (Ret.)
Lawrence E. Mulryan
Jack Neureuter
Steven L. Rank
Thomas E. Rankin
Scott K. Reid
William M. Zachry
Christine Baker (Ex-Officio)
| OPEN SESSION | Thursday, November 20, 2014 @ 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 September 23 and 26, 2014 Open Meeting Minutes | |
b.
| Board Member Educational Opportunities and Approval of Planned Board Member Education and Expense Reimbursement | |
c.
| Authorization to Secure a Renewal Workers’ Compensation Program effective January 1, 2015 | |
d.
| Approval of 2015 Board and Committee Meeting Schedule | |
e.
| Approval of 2015 Board and Committee Agenda Items | |
f. |
Approval of Board Committee Assignments for 2015 | |
g. |
Approval of Retirement Resolutions (originals available for signature at meeting) |
|
h. |
Legislative Update | |
| Information/Sheryl Chalupa | 4. | Public Comment on Appropriateness of Closed Session for items 6 through 12. |
| Information/Sheryl Chalupa | 5. | Public Comment |
| CLOSED SESSION | ||
| Information/Vern Steiner and Peter Guastamachio |
6. | Preliminary Review of 2015-2017 Strategic Plans [Government Code Section 11126 (j)(4)] |
CLOSED SESSION |
Friday, November 21, 2014 | |
| Action/Sheryl Chalupa | 7. | Approval of September 23-26, 2014 Closed Meeting Minutes |
| Information/Vern Steiner and Peter Guastamachio |
8. | Update on Strategic Plan 2014-2016 [Government Code Section 11126 (j)(4)] (Presentation and discussion) |
| Information/Vern Steiner, Andreas Acker and Randy Keen |
9. | Governance Considerations Related to the Strategic Plan: Human Resources Strategic Planning [Government Code Section 11126 (j)(4)] |
a. |
2014 Performance Awards Program | |
b. |
Staffing, Leadership and Succession Planning | |
c. |
Preliminary Review of President’s 2015 Performance Objectives | |
d. |
Executive Compensation | |
| Information/Sheryl Chalupa | 10. | Significant Open Audits Report and Fraud Litigation Report [Government Code Sections 11126(e), (j)(2), (3) and (4)] |
| Information/Michael Machado | 11. | Financial and Investment Considerations Related to the Strategic Plan [Government Code Section 11126(j)(4)] |
| Information/Judith Sapper | 12. | Pending and Potential Litigation [Government Code Sections 11126(e), (j)(4)] |
a. |
Angelotti Chiropractic Inc., et al. v. Edmund G. Brown, Jr. et al., U.S. Court of Appeals for the Ninth Circuit, Case Nos. 13-56996, 13-57080; U.S. District Court, Central District of California (Los Angeles), Case No. SACVB-1139-GW/JEM | |
b. |
Chorn v. Brown, et al., Second District Court of Appeal Case No. B256117; Los Angeles Superior Court Case No. BC528190 | |
c. |
Dubon v. World Restoration, Inc. and State Compensation Insurance Fund, Workers’ Compensation Appeals Board control/reconsideration unit (San Francisco) Case No. ADJ4274323 and ADJ1601669 | |
d. |
Frances Stevens v. Outspoken Enterprises, Inc. and State Compensation Insurance Fund, First District Court of Appeal, Division One (San Francisco) Case No. A141435; Workers' Compensation Appeals Board Case No. ADJ1526353 | |
e. |
State Compensation Insurance Fund v. Sana Ulla Khan, et al.; U.S. District Court, Central District of California, Southern Division Case No. SACV12-01072 JST (MLGx) | |
f. |
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) | |
g. |
Andrea Sewell, et al. v. State Compensation Insurance Fund; U.S. District Court, Northern District of California, C13-0588 | |
h. |
Hablian, et al. v. Zurich, et al.; Van Nuys WCAB (Various Case Nos.) | |
i. |
California Self-Insurers' Security Fund v. Blue Lake Rancheria, et al.; Sacramento County Superior Court Case No. 34-2011-0011-2628 | |
| OPEN SESSION | November 21, 2014 @ 9:00 a.m. or upon adjournment or recess of the Closed Session, whichever is later | |
| Action/Sheryl Chalupa | 13. | Call to Order and Roll Call |
| Action/Sheryl Chalupa | 14. | Ratification of Appointment of Chief Operating Officer |
| Information/Andreas Acker | 15. | Staffing Update |
a. |
Staffing | |
b. |
Employee Leave Balance and Usage | |
| Information/Judith Sapper and Randy Keen |
16. | Update on AB 2720 |
| Information/Lauren Mayfield | 17. | Workplace Safety & Loss Prevention Update |
| Information/Peter Guastamachio | 18. | Financial Update – 3rd Quarter 2014 |
| Information/Vern Steiner | 19. | President’s Report |
| 20. | 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 | 21. | Chairwoman’s Report |
| Information | 22. | Board Member Reports |
| Information/Sheryl Chalupa | 23. | Proposals and Suggestions for February 19-20, 2015 Agenda |
| Next Board Meeting: February 19, 2015 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. | ||
