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Established in 1914 by the state legislature, State Fund is California's most reliable provider of workers' compensation insurance and a vital asset to California businesses. State Fund supports California's entrepreneurial spirit and plays a stabilizing role in the economy by providing fairly priced workers' compensation insurance, helping California employers keep their workplaces safe, and restoring injured workers.

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Committee Charter »

Board & Committee Meeting Schedules »

Investment and Risk Committee Meeting Schedule 2019

The Investment Committee was first established in 2008. In November 2017 it was expanded to the Investment and Risk Committee.

The Investment and Risk Committee helps execute the Board’s oversight pertaining to State Compensation Insurance Fund investment strategy, enterprise risk management, and cyber security.

The Committee’s responsibilities include:

Overseeing State Fund’s capital, investments and financial resources.
Evaluation of the integrity and effectiveness of State Fund’s enterprise risk management procedures, including the enterprise risk management framework, key risk policies and critical risk tolerances adopted by State Fund.
Oversight of State Fund’s cyber risk management strategy.

Committee Members

Sen. Michael J. Machado (Ret.), Chair
David M. Lanier, Member
William M. Zachry, Member

Committee Schedule

Meeting Date	Notices	Agendas	Minutes
February 14, 2019	Notice	Agenda	Minutes
May 22-23, 2019	Notice	Agenda	Minutes
August 20, 2019	Notice	Agenda	Minutes
November 20-21, 2019	Notice	Agenda	Minutes