In accordance with the Sunshine Law, due notice of all pending meetings was given to the Atlantic City Press, Newark Star Ledger, and Trenton Times on February 6, 2015. Copies of these notices are on file with the New Jersey Secretary of State.

4A.  Acceptance of the Public Session Minutes for May 20, 2015

4B.  Acceptance of the Executive Session Minutes for May 20, 2015

Opportunity for Public to address the NJSIG Trustees regarding specific agenda items. Each person will have five minutes to speak.

Reports/Comments

                  7A. Executive Director                                          William Mayo

                  7B. Comptroller                                                   Michele Carosi

                  7C. Loss Control                                                  Anthony Jones

                  7D. Claims                                                         Louis Giannetto

                  7E. Information Technology                                   Jeffrey Cook

                  7F. Underwriting                                                 Kelly Machu

                  7G. Human Resources                                         Chai Respes

                  7H. Willis                                                          Dave Ritch

        9A.  Checking Accounts and New Claims Ratification                                    William Mayo

        9B.  Professional Services Approval 2015/2016                                              William Mayo

        9C.  2015/2016 Budget                                                                                William Mayo

        9D.  2015/2016 Plan of Risk Management                                                    William Mayo

        9E.  2015/2016 Meeting Dates                                                                     William Mayo

        9F.  Rescind Broker Commission Rate                                                           William Mayo

        9G. Contract Approvals:

1.      NJEIF Sub Fund Administrator Contract – RRM, LLC                       William Mayo

2.      CAIP Sub Fund Administrator Contract – J. Byrne Agency                   William Mayo

        9H.  NJSBA Central Trustee Nomination Thomas F. Connors, Ph.D.              William Mayo

9I.  NJSIG Investments                                                                                 William Mayo

9K. NJSIG Relocation                                                                                  William Mayo

EXECUTIVE SESSION RESOLUTION

WHEREAS, N.J.S.A. 10:4-6 et. seq., (“the Open Public Meetings Act”), authorizes public entities to meet in executive session under certain circumstances; and

WHEREAS, the Open Public Meetings Act requires that the Group adopt a resolution at a public meeting to go into private session; now, therefore,

BE IT RESOLVED by the Board of Trustees of the New Jersey Schools Insurance Group, that it is necessary to meet in executive session to discuss certain items involving:

               11A. Matters involving attorney client privilege regarding procedural audit;

BE IT FURTHER RESOLVED that any discussion held by the Board of Trustees which need not remain confidential will be made public as soon as feasible.  The minutes of the executive session will not be disclosed until the need for confidentiality no longer exists. 

FURTHER RESOLVED that Board of Trustees will not return to open session to conduct business at the conclusion of the executive session.