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Home > NJSIG Board of Trustees Meeting September 18, 2019

NJSIG Board of Trustees Meeting September 18, 2019

Dates: 
Wednesday, September 18, 2019 - 2:00pm
 
 
BOARD OF TRUSTEES MEETING
Wednesday, September 18, 2019
500 Campus Drive, Suite 100, Morganville, NJ
Meeting 2:00 p.m.
 
Public Attachments: 
PDF icon A. Trustee Contact List 2019-2020.pdf
PDF icon B. Sub-fund Liaisons 2019-2020.pdf
PDF icon C. Meeting Dates 2019-2020.pdf
Groups audience: 
Board Meetings

1. Call to order

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 September 2, 2019.  Copies of these notices are on file with the New Jersey Secretary of State.
Groups audience: 
Board Meetings

2. Roll call

Thomas F. Connors, Ph.D.
Joseph Meloche, Ed.D.
Christopher Russo, Ed.D.
James J. Jencarelli, Jr.
Dennis Quinn
Dana Sullivan
Irene Le Febvre
Steven K. Robinson
 
 
Groups audience: 
Board Meetings

3. Executive session

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:
 
                    3A.  Matters involving attorney client privilege;
 
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 the Board of Trustees will return to open session to conduct business at the conclusion of the executive session.
Groups audience: 
Board Meetings

4. Acceptance of the public and executive session meeting minutes

Public Attachments: 
PDF icon 4. June Public Session Minutes 9.18.19.pdf
Groups audience: 
Board Meetings

5. Public participation

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

Groups audience: 
Board Meetings

6. Sub-fund liaisons

Reports/Comments

Groups audience: 
Board Meetings

7. Reports:

A.  Executive Director
William Mayo
B.  Accounting/Finance
Michele Carosi
C.  Safety and Risk Control and Client Relations
Debra Rice
D.  Underwriting
Claire King
E.  Claims
Sherwin Archibald
F.  Information Technology
Jeff Cook
Public Attachments: 
PDF icon 7A. Executive Director Report.pdf
PDF icon 7B. Accounting-Finance Report 9 18 19.pdf
PDF icon 7C. Client Relations and Safety and Risk Control - 9 12 19.pdf
PDF icon 7D. Board Report_Underwriting_9_18_19_Final.pdf
PDF icon 7E. 9.18.19 Board Report Claims.pdf
PDF icon 7F. September 18 2019 IT Board Report.pdf
Groups audience: 
Board Meetings

8. Discussion items:

A.  WTW Scope of Work for Compensation Consulting Services
William Mayo
B.  Risk Based Capital/Surplus Study Guideline as of 6/30/19
Michele Carosi
Public Attachments: 
PDF icon 8B. 09-2019 Discussion Item - RBC-TAC Guideline 06-30-2019.pdf
Groups audience: 
Board Meetings

9. Action items:

A. Willis Tower Watson – Reserve Study as of 6/30/19
Michele Carosi
A2. Willis Tower Watson – Reserve Study Board Presentation
Stacy Mina will be joining remotely.
B.  Safety Grant Declaration
William Mayo
  1. Wilmington Trust
William Mayo
D.  Policy First Reading:
 
     1.  Cash Management & Investment Plan
William Mayo
     2.  Policy 3710 Safety Grant
William Mayo
E.  Checking Accounts & New Claims Ratification
William Mayo
F.  Contracting:
 
     1.  Internet Service Provider
William Mayo
Public Attachments: 
PDF icon 9A. WTW Reserve Study as of 6.30.19.pdf
PDF icon 9B. 09-2019 Action Item - Safety Grant.pdf
PDF icon 9C. Wilmington Trust.pdf
PDF icon 9D1. Action Item 09-2019 First Reading- NJSIG Cash Management and Investment Plan.pdf
PDF icon 9D2. 1st reading 3710 Safety Grant action item 9 18 19.pdf
PDF icon 9E1. September 2019 Checking Accounts and New Claims 9_11.pdf
PDF icon 9E2. June 2019 Operating Account Check Register.pdf
PDF icon 9E3. June 2019 Claims Account Check Register.pdf
PDF icon 9E4. June 2019 New Claims.pdf
PDF icon 9E5. July 2019 Operating Account Check Register.pdf
PDF icon 9E6. July 2019 Claims Account Check Register.pdf
PDF icon 9E7. July 2019 New Claims.pdf
PDF icon 9E8. August 2019 Operating Account Check Register.pdf
PDF icon 9E9. August 2019 Claims Account Check Register.pdf
PDF icon 9E10. August 2019 New Claims.pdf
PDF icon 9F1. Data communications network services - Evaluation Committee Narrative Re.._.pdf
PDF icon 9F1. NJSIG RFP Multi Company Comparison.pdf
Groups audience: 
Board Meetings

10. New business

Groups audience: 
Board Meetings

11. Executive Session

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.  Litigation;
                    11B.  Matters involving attorney client privilege;
 
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 the Board of Trustees will not return to open session to conduct business at the conclusion of the executive session.
Groups audience: 
Board Meetings
Source URL: https://njsig.schoolboard.net/node/4513