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  #11  
Old 02-03-2014, 09:57 AM
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Quote:
Originally Posted by Arthur Kade View Post
I'm sorry, you're saying that the SOA officers ... but NOT the ACOPA, CAS, or CCA officers ... have had their AAA ex officio board seats eliminated?

So there's no question of it being an AAA restructuring; it's retaliation against the SOA for sure?
I'm not characterizing it as retaliation. I just believe that both organizations (AAA and SOA) owe their members an explanation of what happened last month.

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  #12  
Old 02-03-2014, 10:20 AM
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Fair enough
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  #13  
Old 02-03-2014, 10:25 AM
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Is it fair to assume this is at least partially related to the SOA's insane drive to harmonize the definition of qualified actuary regardless of specialization?
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  #14  
Old 02-03-2014, 10:39 AM
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I really don't know.

I have sent an email to involved parties to ask for some sort of public, official explanation.
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  #15  
Old 02-03-2014, 10:40 AM
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Why assume anything? The organizations should be telling us what happened -- and why.

Bruce
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  #16  
Old 02-03-2014, 10:42 AM
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Exactly. I would rather not start making guesses.
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  #17  
Old 02-03-2014, 10:54 AM
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In other news, SOA will soon be offering unaccredited MBA and Law degrees by completing a serious of rigorous online modules and multiple choice exams.
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  #18  
Old 02-04-2014, 03:02 AM
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Quote:
Originally Posted by KSBurke View Post
Why weren't the SOA folks thrown off CUSP as well?
http://www.actuary.org/content/counc...residents-cusp (lst accessed 5 pm central 2/2/14)
I think your answer can be found within your URL you posted.

What does CUSP stand for again?
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  #19  
Old 02-04-2014, 03:12 AM
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Council of US Presidents.

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  #20  
Old 02-04-2014, 03:17 AM
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Quote:
Originally Posted by KSBurke View Post
Ex officio means they're on the board because of their position in another organization. The AAA board doesn't have ex officio members, they have special directors. http://www.actuary.org/files/bylaws.pdf

Since the term of a special director is two years and they start and stop at the annual meeting and I couldn't find anything in the bylaws about removal of directors, how was the removal done? It looks like there's no requirement to add more special directors so they can just keep the six they have and move on.
The 11 Directors that are not "elected Directors" are ex officio members. For example:
Quote:
Originally Posted by AAA Bylaws
A Past President whose ex officio membership on the Board as Past President expires shall not be eligible for election as a regular Director at that time.
I agree that there does not appear to be a minimum number of special directors - just the maximum of 8 - so they can keep it at the six they have. However, the Bylaws specify that "the Board shall consist of 28 Directors" so it seems that they need to fill these seats with either special directors or regular directors.

I expect that the AAA will advertise a vacancy on the Board, without explanation of why there's a vacancy. Isn't that what happened last time?
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