ABOUT LACERA

INSURANCE, BENEFITS & LEGISLATIVE COMMITTEE MINUTES 9-10-09

PRESENT

• Simon S. Russin, Vice Chair
• Edward L. Blecksmith
• Ed C. Morris
• James P. Harris, Alternate

ABSENT

• William de la Garza, Chair

ALSO ATTENDING:

BOARD MEMBERS AT LARGE

• Sadonya Antebi
• Yves Chery
• Les Robbins

STAFF, ADVISORS, PARTICIPANTS

• Lita Payne

• Mercer Human Resource Consulting
• Clay Levister
• Laurie Silva

The meeting was called to order by Chairman Russin at 10:45 a.m.

1. APPOINTMENT OF VOTING MEMBER(S) IN THE EVENT ONE OR MORE REGULAR COMMITTEE MEMBERS ARE

   The Chair appointed Mr. Harris a voting member of the Committee.

2. APPROVAL OF THE MINUTES OF THE REGULAR MEETING OF AUGUST 13, 2009

   A motion was made by Mr. Morris, seconded by Mr. Harris, to approve the minutes of the regular meeting of August 13, 2009. The motion passed unanimously.

3. FOR INFORMATION
   1. Staff Activities Report for August, 2009

      The staff activities report was discussed.

   2. CIGNA & Anthem Blue Cross Claims Experience

      The CIGNA & Anthem Blue Cross Claims Experience reports through July, 2009 were discussed.

   3. Federal Legislation
      • • Weekly Highlights – August 31, 2009
      • • Weekly Highlights – August 24, 2009
      • • Weekly Highlights – August 17, 2009
      • • Weekly Highlights – August 10, 2009

      Submitted for information only.

4. MISCELLANEOUS
5. PUBLIC COMMENT
6. GOOD OF THE ORDER

   (For discussion purposes only)

7. ADJOURNMENT

   The meeting adjourned at 10:20 a.m., after setting the time for the Operations Oversight Committee at 10:25 a.m.

Documents subject to public disclosure that relate to an agenda item for an open session of the Board of Investments that are distributed to members of the Board of Investments less than 72 hours prior to the meeting will be available for public inspection at the time they are distributed to a majority of the Board of Investments Members at LACERA’s offices at 300 N. Lake Avenue, Suite 820, Pasadena, CA 91101, during normal business hours of 9:00 a.m. to 5:00 p.m. Monday through Friday.

Listening Devices are available at days notice before the meeting date. Persons requiring an alternative format of this public notice pursuant to Section 202 of the Americans with Disabilities Act of 1990 may request one by contacting Cynthia Guider at (626) 564-6000, x3327 from 8:30 a.m. to 5:00 p.m. Monday through Friday, but no later than 48 hours prior to the time the meeting is to commence.

10/23/09