approves the budgets for the Academy, the ASB, and the ABCD.
considers professionwide policy issues relevant to the Academy's goals and the profession's goals.
reviews and, when appropriate, approves interim policy and administrative actions made by the Executive Committee.
initiates bylaw changes.
Board composition
The Board of Directors has 29 members: the 11-person Executive Committee, nine regular directors, the penultimate past Academy president, and eight special directors.
The Executive Committee is composed of the Academy's 10 officers (president, president-elect, secretary, treasurer, and the six vice presidents), plus the immediate past president.
The penultimate past Academy president (whose presidential term ended one year earlier).
Nine regular directors.
Eight special directors: the presidents and presidents-elect of the American Society of Pension Professionals and Actuaries, the Casualty Actuarial Society, the Conference of Consulting Actuaries, and the Society of Actuaries.
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