BOARD OF DIRECTORS MEETING
November 21-22, 2019
1:30 p.m.
Or Upon Adjournment or Recess of the
Investment and Risk Committee Meeting, Whichever is Later
State Compensation Insurance Fund
5890 Owens Drive
Pleasanton, CA 94588
BOARD MEMBERS
David M. Lanier, Chair
Robin L. Baker
Sen. Thomas C. Berryhill (Ret.)
Daniel M. Curtin
Sen. Michael J. Machado (Ret.)
Jack L. Neureuter
Arthur H. Pulaski
Thomas E. Rankin
Angela D. Tate
William M. Zachry
(Ex-Officio, Vacant)
| OPEN SESSION | Thursday, November 21, 2019 @ 1:30 p.m. | |
| Action/David Lanier | 1. | Call to Order and Roll Call |
| Action/David Lanier | 2. | Antitrust Admonition |
| Action/David Lanier | 3. | Consent Calendar1 |
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| Information/David Lanier | 4. | Public Comment on Appropriateness of Closed Session for Items 7 through 18 |
| Information/David Lanier | 5. | Public Comment |
| CLOSED SESSION | ||
| Action/David Lanier | 6. | Approval of August 20-22, 2019 Closed Meeting Minutes |
| Information/Vernon Steiner and Peter Guastamachio | 7. | Update on 2019-2021 Strategic Plan [Government Code Section 11126(j)(4)] |
| Action/David Lanier, Vernon Steiner and Andreas Acker | 8. | Human Resources Strategic Plan [Government Code Sections 11126(a), (j)(4)] |
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| Action/Vernon Steiner, Margie Lariviere and Ken Van Laar | 9. | Dividend, Pricing, and Reserves Strategic Plan [Government Code Section 11126(j)(4)] |
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| Information/Executive Committee | 10. | Operational Strategic Plan Updates [Government Code Sections 11126(e), (j)(2), (3), (4)] |
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| CLOSED SESSION | Friday, November 22, 2019 | |
| Action/Vernon Steiner and Peter Guastamachio | 11. | Approval of the 2020 Strategic Plan [Government Code Section 11126(j)(4)] |
| Information/Steve Hunckler and Ken Van Laar | 12. | Claims Strategic Plan Update [Government Code Section 11126(j)(4)] |
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| Information/Andreas Acker | 13. | State Fund’s Sustainability Strategic Plan [Government Code Section 11126(j)(4)] |
| Action/Andreas Acker | 14. | Enterprise Procurement Strategic Plan Update [Government Code Section 11126(j)(4)] |
| Information/William Zachry | 15. | Significant Open Audits Report and Fraud Litigation Report [Government Code Sections 11126(e), (j)(2), (3), (4)] |
| Information/Michael Machado | 16. | Financial, Investment and Risk Considerations Related to the Strategic Plan [Government Code Section 11126(j)(4)] |
| Information/Robin Baker | 17. | Ad Hoc Safety and Loss Prevention Considerations Related to the Strategic Plan [Government Code Section 11126(j)(4)] |
| Information/Judith Sapper | 18. | Pending and Potential Litigation [Government Code Sections 11126(e), (j)(4)] |
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| OPEN SESSION | Friday, November 22, 2019 @ 11:00 a.m. or upon adjournment or recess of the Closed Session, whichever is later. | |
| Action/David Lanier | 19. | Call to Order and Roll Call |
| Information/Andreas Acker | 20. | Staffing Update |
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| Information/Vernon Steiner | 21. | Financial and President’s Report |
| 22. | Reports by the Chairs of Committee Activities | |
| Action/Thomas Rankin |
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| Information/William Zachry |
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| Information/Michael Machado |
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| Information/Robin Baker |
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| Information/David Lanier | 23. | Chairperson’s Report |
| Information/David Lanier | 24. | Board Member Reports |
| Action/David Lanier | 25. | Approval of 2019 Performance Awards |
| Action/David Lanier | 26. | Approval of Exempt Leadership 2019 At-Risk Compensation Differential and 2020 Exempt Leadership Compensation |
| Action/David Lanier | 27. | Approval of President’s 2019 At-Risk Compensation Differential, 2019 Long-Term Incentive, and 2020 Compensation |
| Action/David Lanier | 28. | Approval of 2019 Exempt Employee and CEA Long-Term Incentive |
| Information/David Lanier | 29. | Proposals and Suggestions for February 27-28, 2020 Agenda |
| Next Board Meeting: February 27, 2020 at the State Fund Office, Pleasanton, 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. | ||
