Published on NJSIG | powered by schoolboard.net (https://njsig.schoolboard.net)

Home > NJSIG Board of Trustees Meeting October 19, 2022

NJSIG Board of Trustees Meeting October 19, 2022

Dates: 
Wednesday, October 19, 2022 - 1:00pm
BOARD OF TRUSTEES MEETING 
Wednesday, October 19, 2022 
6000 Midlantic Drive, Suite 300 North, Mount Laurel, NJ 
Meeting 1:00 p.m.  
Groups audience: 
Board Meetings

Agenda

Public Attachments: 
PDF icon October 2022 meeting agenda - revised.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 11, 2022. 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.
Damaris Gurowsky
Christopher Russo, Ed.D.
Richard J. Casey
Irene Le Febvre
Josephine Sharpe
Christopher Carrubba
Joseph Meloche, Ed.D.
Dana Sullivan
 
Groups audience: 
Board Meetings

3. Acceptance of the public and executive session minutes for September 21, 2022.

Public Attachments: 
PDF icon 03.Board of Trustees meeting minutes for September 21, 2022_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: 
PDF icon 6.A.Executive Director report.pdf
PDF icon 6.B.Accounting report.pdf
PDF icon 6.C.Underwriting report.pdf
PDF icon 6.D.Claims report.pdf
PDF icon 6.E.Information Technology report.pdf
Groups audience: 
Board Meetings

7. Discussion Items:

A. WTW Net liabilities (reserve) study, presentation Stacy Mina, WTW
B. Executive Director contract Dave Rapuano, Esq.

 

Public Attachments: 
PDF icon 07.A.WTW 2022 NJSIG net liabilities (reserve) study - Board Presentation.pdf
Groups audience: 
Board Meetings

8. Action Items:

A. WTW Net liabilities (reserve) study, adoption
    (NJSIG No. 1022-1)		 Michele Carosi
B. Safety grant declaration
    (NJSIG No. 1022-2)		 Michele Carosi
C. Cash Management and Investment Plan
    (NJSIG No. 1022-3)		 Michele Carosi
D. Checking accounts and new claims ratification
    (NJSIG No. 1022-4)		 Michele Carosi
E. Contracting: Property, GL, AL Field Adjuster Services
    (NJSIG No. 1022-5)		 Sherwin Archibald

 

Public Attachments: 
PDF icon 08.A.10-2022 Action Item - Reserve Study.pdf
PDF icon 08.B.10-2022 Action Item- Safety Grant.pdf
PDF icon 08.C.Action Item_ 10-2022 NJSIG Cash Management and Investment Plan.pdf
PDF icon 08.D.NJSIG No. 1022-4 October 2022 Checking Accounts and New Claims Ratificat...pdf
PDF icon 08.E.Property, GL AL field adjuster services - Action Item.pdf
Groups audience: 
Board Meetings

9. New Business

Groups audience: 
Board Meetings

10. Executive Session

EXECUTIVE/CLOSED SESSION RESOLUTION

WHEREAS, N.J.S.A. 10:4-6 et. seq., (“the Open Public Meetings Act”), authorizes public entities to meet in executive/closed 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/closed 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/closed 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/4824