June 18, 2020
The Board of Directors met for its regular meeting on Thursday, June 18, 2020 via Zoom video conferencing service. All directors were present as well as society officers.
Actions of the Board during its meeting included the following:
- Received and accepted reports from the Executive Committee.
- Reviewed and ratified the investment transactions for the first quarter of 2020.
- Reviewed and discussed March 31, 2020 financial reports for the society including the Quarterly Statutory Statement for the period ending March 31, 2020.
- Received and discussed reports from society officers.
After the regular Board meeting, board members participated in the Audit Committee meeting where Society Actuaries reported on the Society’s Asset Adequacy Testing and the board reviewed with Auditors the Audited Financial Statements as of December 31, 2019.