Society of Actuaries - 2003 Archived Yearbook

(2) The members of the COP serving their respective organizations in the capacity of Presidents-
Elect each year shall form the Council of Presidents-Elect (COPE). The COPE reviews the
Working Agreement and other areas of mutual interest, and recommends appropriate
amendments to their respective governing boards. In addition to keeping this Working
Agreement current and optimizing the relationships among the Participating Organizations in the
future, the very existence of the COPE promotes and reinforces the purpose of the Working
Agreement.
The COPE shall be chaired by an actuary appointed each year by the incoming Presidents (the
prior year's COPE). This chairperson shall act as a facilitator and should be someone with a
knowledge of current and emerging issues.
The following mission statement articulates the COPE's purpose and objectives:
The COPE complements the mission of the COP and focuses on the development
of working relationships and mutual trust. In support of and in the spirit of this
goal, the members of the COPE shall:
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Exchange/share information on significant future directions and activities;
Discuss in depth and maintain the organizational sensitivities list;
Review the Working Agreement and, if appropriate, recommend revisions
to the COP; and
Work together to address key issues of their choice or as delegated to them
by the COP and, if appropriate, develop action plans.
Communications Among the Participating Organizations
(3) Each Participating Organization shall share items of mutual interest distributed to the
organization's board members with the President, President-Elect, Designees, and professional
staff of the other organizations as soon as feasible after the items are available (electronically
through the Council of Presidents list server if appropriate). This includes the organization's
yearbook, newsletter, calendar of planned events, and board minutes, in addition to other
important documents or significant studies that would be of value to the wider audience. This
does not apply to any item that an organization considers to be confidential.
(4) Each Participating Organization shall endeavor to inform each of the other Participating
Organizations on a timely basis of any of its actions that are expected to have a significant effect
on one or more of the other Participating Organizations or their members.
(5) Each Participating Organization shall invite the President, President-Elect, or Designee of the
other organizations to all general membership meetings, with the registration fee waived.