NJSIG Board of Trustees Meeting November 17, 2021

Dates:

Wednesday, November 17, 2021 - 10:00am

Public Attachments:

A. Trustees Contact List 2021-2022.pdf

B. Meeting Dates 2021-2022.docx.pdf

C. NJSIG Trustee Terms 7-23-21.pdf

Groups audience:

Board Meetings

November 2021 Meeting Agenda

Public Attachments:

November 2021 meeting agenda v3.pdf

Groups audience:

Board Meetings

1. Call to Order

In accordance with the Sunshine Law and N.J.S.A. 10:4-10, due notice of all pending meetings was given to the Atlantic City Press, Newark Star Ledger, and Trenton Times on July 28, 2021. Copies of these notices are on file with the New Jersey Secretary of State.

Groups audience:

Board Meetings

2. Roll Call

Stephanie Brown, Ed.D.	Irene Le Febvre	Christopher Russo, Ed.D
Richard J. Casey	Joseph Meloche, Ed.D.	Josephine Sharpe
Christopher Carrubba	Steven K. Robinson	Dana Sullivan

Groups audience:

Board Meetings

3. Acceptance of the public and executive session minutes for October 20, 2021.

Acceptance of the public and closed (executive) session minutes for October 20, 2021.

Public Attachments:

3.Board of Trustees meeting minutes for October 20, 2021_Redacted.pdf

Groups audience:

Board Meetings

4. 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

5. Sub-fund Liaisons

Reports/Comments

Groups audience:

Board Meetings

6. Reports:

A. Executive Director Report	Jill Deitch
B. Accounting/Finance Report	Michele Carosi
C. Underwriting Report	Claire King
D. Claims Report	Sherwin Archibald
E. Information Technology Report	Jeff Cook

Public Attachments:

6.A.Executive Director Report.pdf

6.B.Accounting Finance Report.pdf

6.C.Underwriting Report.pdf

6.D.Claims Report.pdf

6.E.Information Technology Report.pdf

Groups audience:

Board Meetings

7. Discussion Items:

A. NJSIG Investments/Wilmington Trust	Wilmington Trust
B. Trustee nominations	Jill Deitch
C. COVID-19 21/21 refund checks credits - update	Jill Deitch
D. Reinsurance - cyber update	Jill Deitch

Public Attachments:

7.A.NJSIG Investments-Wilmington Trust.pdf

Groups audience:

Board Meetings

8. Action Items:

A. Cash Management and Investment Plan (NJSIG No. 1121-1)	Michele Carosi
B. Checking accounts and new claims ratification (NJSIG No. 1121-2)	Michele Carosi
C. Contracting:
a. Vision benefits services (NJSIG 1121-3)	Jill Deitch
b. Insurance brokerage services (NJSIG 1121-4)	Jill Deitch

Public Attachments:

8.A.Cash Management and Investment Plan.pdf

8.B.Checking accounts and new claims ratification.pdf

8.C.b.Insurance brokerage services (action item).pdf

8.C.b.Insurance brokerage services (certification).pdf

8.C.b.Insurance brokerage services (resolution).pdf

8.C.a.Vision benefits insurance (action item).pdf

8.C.a.Vision benefits insurance (certification).pdf

8.C.a.Vision benefits insurance (resolution).pdf

Groups audience:

Board Meetings

9. New Business

Groups audience:

Board Meetings

10. Closed (Executive) Session

CLOSED (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:

A. Litigation; and/or

B. Matters involving attorney client privilege; and/or

C. Matters involving pending contract negotiation; and/or

D. Matters involving terms and conditions of employment of current public employee

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