Mutual Recognition and Reinstatement Issues Pass

ARLINGTON, Va.— More than 72 percent of CAS Fellows voted to approve the constitutional amendment on mutual recognition, which has been the subject of much debate over the last few years. The amendment garnered 901 votes out of 1,237 votes cast.

Article VII, Section 4 of the CAS Bylaws: Reinstatement
Yes	1,187 (95.9%)
No	51
Total	1,113
Article III, Section 2 of the CAS Constitution: Requirements for Admission to Membership
Yes	901 (72.8%)
No	336
Total	1,237

The constitutional revision pertains to Article III, Section 2 entitled "Requirements for Admission to Membership." Mutual recognition agreements are reciprocal accords between two actuarial organizations whereby a member of one organization could become a member in the other, subject to the requirements in the agreement.

CAS Fellows also weighed in favorably with 95.9 percent of the vote to approve a revision to the CAS Bylaws regarding reinstatement. The revision expanded language in Article VII, Section 4 to make it clear that the reinstatement policy covers voluntary resignations as well as resignations brought about by failure to pay dues.