NJSIG Board of Trustees Meeting November 16, 2022

Dates:

Wednesday, November 16, 2022 - 1:00pm

Groups audience:

Board Meetings

Agenda

Public Attachments:

November 2022 meeting agenda.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	Vacant
Christopher Carrubba	Joseph Meloche, Ed.D.	Dana Sullivan

Groups audience:

Board Meetings

3. Acceptance of the public and executive session minutes for October 19, 2022.

Public Attachments:

03.Board of Trustees meeting minutes for October 19, 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:

6.A.Executive Director report.pdf

6.B.Accounting 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	Mary Alice Avery & Zia Qasim, Wilmington Trust
B. Trustee nominations	Jill Deitch

Public Attachments:

07.A.Wilmington Trust discussion item.pdf

Groups audience:

Board Meetings

8. Action Items:

A. Financial Audit 6/30/21 (NJSIG No. 1122-1)	Michele Carosi & (NJSIG No. 1122-1) Dennis Skalkowski, Bowman & Co.
B. Checking accounts and new claims ratification (NJSIG No. 1122-2)	Michele Carosi
C.1. Insurance brokerage services (NJSIG No. 1122-3)	Jill Deitch
C.2. Independent medical examination services (NJSIG No. 1122-4)	Sherwin Archibald
C.3. Executive Director contract (NJSIG No. 1122-5)	Dave Rapuano, Esq.

Public Attachments:

08.A. Financial Audit 6-30-22.pdf

08.B.Checking accounts, new claims ratification.pdf

08.C.1.Insurance brokerage services.pdf

08.C.2.Independent medical examination services.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