March Board Meeting
By John Dark, FCIA
The March Board meeting proved to be quite productive, with in-depth discussion and decisions taken on several significant Institute concerns.
Retirement Age Public Statement
The Board was pleased to ratify the CIA’s first level 2 public statement. The final document will be released to the public on April 15, with members, selected stakeholders, and media receiving copies under embargo beforehand.
A great deal of work and consultation went into this document, which presents a proposal for changes to retirement ages in public pensions and tax-assisted retirement savings programs. I would like to thank the members of the single topic task force, led by co-champions Jacques Tremblay and Joe Nunes, as well as all of our members who participated in consultations and the reviewers on the Public Affairs Council for the time and effort that you have given to this excellent statement.
As I mentioned in my March message, one of the key items on the March Board meeting agenda was the 2020–2024 strategic plan. In terms of our current strategic plan, we agreed that we have made great achievements across the areas of education, public policy, governance, and emerging practices. But which, if any, of these areas need to continue into 2020–2024? And what about including new or refined areas of focus, such as member engagement, volunteer support, international presence, public engagement, branding, or others?
The Board discussed and shared many ideas, and we are continuing to explore how various topics should be emphasized or integrated into a draft proposal for the next meeting in June.
National Volunteer Week
National Volunteer Week takes place April 7–13, and our theme this year is “Raising the Actuarial Profession to New Heights”. Volunteers are the heart of the CIA, and we would not be able to do the important work we do without their dedication.
To those of you who commit your valuable time to the Institute and the profession, thank you. If you want to get involved, visit the volunteer centre on the website (login required).
Policy on Member Rights and Privileges
We recently released the new Policy on Administration of Member Rights and Privileges. As with any change to the way we become eligible, retain, and pay for our membership and professional designation, this has resulted in some discussion on our general mailing list and among individual members.
We have noted your questions and feedback. The Board is undertaking discussions to address any concerns or issues, and we will share a more detailed response and clarifications in the coming weeks.
You are always welcome to reach out to us with further thoughts or queries at email@example.com.
Save the date for the Annual General Meeting on June 14, 2019. This is the first year we are holding it via webcast to give you a better opportunity to join.
Finally, I would like to remind you that the election campaign for Board members is about to begin. Get ready to meet your candidates starting April 16, and don’t forget to vote during the voting period in May.
John Dark, FCIA, is the President of the Canadian Institute of Actuaries.