CA SB272

Authorizes the State Compensation Insurance Fund (SCIF) board of directors to appoint additional executive and management positions including a chief underwriting officer and pricing actuary, beyond the currently required positions.

Requires the board to set salaries for all executive and management positions at amounts reasonably necessary to attract and retain individuals of superior qualifications.

Mandates the board submit its salary-setting criteria and salary surveys to the Department of Human Resources.

Requires the board to report to the Legislature by September 1, 2018, and biennially thereafter regarding salary-setting criteria, salary surveys, and compensation for each board-appointed position.

Maintains that SCIF positions are not subject to Government Code and Public Contract Code provisions applicable to state agencies, and applies the Milton Marks Postgovernment Employment Restrictions Act to designated fund employees.