Academy nominations 2012

[campbell]

Originally Posted by Mary Frances

The voting part. It's still officially something the Academy is trying. Whether it continues depends on whether there's much interest from petition candidates. If nobody wants to run, it's expensive to have an online process just to ratify the Nominating Committee's selections. Better just to go back to electing Regular Directors at the annual meeting.

What are the costs?

[KSBurke]

Originally Posted by Mary Frances

The voting part. It's still officially something the Academy is trying. Whether it continues depends on whether there's much interest from petition candidates. If nobody wants to run, it's expensive to have an online process just to ratify the Nominating Committee's selections. Better just to go back to electing Regular Directors at the annual meeting.

That's absurd (I know you're explaining and this may not be your personal view.) The time to determine if a petition process is useful is when someone that is rejected by the Nominating Committee uses it to get on the ballot. It's like having a fire extinguisher in the kitchen. You hope you never need it but it should always be available.

As far as cost goes, the small company I work at sends about $3,000 to the Academy every year (5 members) and, instead of having online voting, the company should then pay to send us to a conference so we can vote at lunch like we did in 2nd grade (minus putting our heads on the desks)?

[KSBurke]

If cost is an issue, we're sending about $250,000 ($15 per member, 17K members) to the International Actuarial Association. Since there's clearly duplication between the AAA, CAS, and SOA why not pull out of the IAA and use that money to fund elections?