Fellows Amend Constitution

ARLINGTON, Va.—In balloting conducted from May 18 to June 29, 2001, the Fellows of the Society approved changes to Article IX (i) of the CAS Constitution as proposed by the Board of Directors.

The amendment to Article IX (Public Expression of Professional Opinion) permits the Board of Directors, by a two-thirds vote of all members of the Board, to direct the CAS's delegate to the International Actuarial Association (IAA) to vote on behalf of the CAS on a proposed public expression of professional opinion issued by the IAA. The IAA will be allowed, in these cases, to list the CAS as a supporting organization of the opinion when the vote by the CAS delegate is positive.

As still provided for under Article IX, all other opinions of the CAS shall require advance approval by an affirmative vote of at least 90 percent of the Fellows who vote in a mail ballot.

The revised Constitution became effective on June 29, 2001. It is posted on the CAS Web Site in the "About CAS" section under "CAS Policies" and will be included in the 2002 CAS Yearbook.