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Influencing Public Policy Bob Howard President, CIA 2010 03 06 Canadian experience
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2 Guiding Principle #1 – CIA In carrying on its activities and programs, the Institute holds the duty of the profession to the public above the needs of the profession and its members. March 1993
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3 Public Positions History Recently Policy Why? So what?
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4 Several years ago Achieve consensus first Never did No public positions Two approaches Individual responsibility Collective responsibility
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5 Currently New Policy in 2005 Respond to regulators Issue public positions Write op-ed pieces for newspapers
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6 Consequences Many public positions Actively promote opinions Sought by media and government See www.actuaries.ca > advocacywww.actuaries.ca
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7 Policy on Public Positions Definition Process Communication
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8 Definition – Public Position Establish and document views of CIA Statement on an issue Submission to an external audience Not a press release Communications based on public positions
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9 Process 1 – Initiate Decide to develop a public position By President and Executive Director
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10 Process 2 – Governing entity Identified by President and ED Normally Board or a Council Has authority for public position
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11 Process 3 – Drafting entity Appointed by governing entity Committee / task force / individual(s) Drafts the public position
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12 Process 4 – Authorizing Cttee Appointed from governing entity by chairperson of governing entity May not be on drafting entity Responsible for release of public position
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13 Process 5 – Draft By drafting entity Required to take into account all relevant practice areas View with support
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14 Process 6 – Review By all members of governing entity Comments to authorizing committee
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15 Process 7 – Finalize By authorizing committee along with drafting entity No further interaction with governing entity
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16 Process 8 – Distribute By Secretariat
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17 Process – Overview A few days to a few months Emphasis on speed, with checks Members not consulted Not all members happy with a public position
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18 Urgent Response Team Response needed in hours Team appointed by Pres and ED Authorized to develop response and speak for CIA May follow-up with formal public position
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19 Communication – Submission Send letter Post on website Announce to members
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20 Communication – Statement Post on website Notify members Use as needed for external communication
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21 Spokespeople Individual(s) who speak for CIA on issue Appointed by authorizing committee Confirmed by Pres or Chair of governing entity Spokesperson represents spirit and intent of public position
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22 Recent Submissions Quebec regulator Office of the Superintendent of Financial Institutions House of Commons Standing Committee on Finance Manitoba Pension Commission Accounting Standards Board
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23 Recent Statements Retooling Canada’s Ailing Pension System Now, for the Future Pandemics Health care
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24 Why public positions? Unique skills Unique understanding Good reputation and credibility If we are silent, others will speak Serve the public interest Promote the profession
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25 Why CIA’s Process? Need for speed Review by leaders
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26 Call to action Valuable advice to offer Important issues being considered Positive impact on our nations
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27 Public Positions Questions Experiences Intentions
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28 Debate
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29 Proposition Resolved, that it is in the public interest and essential for the credibility of the actuarial profession for the IAA to establish a robust set of model International Actuarial Standards of Practice to guide actuarial work under IFRS Phase 2 within 3 years.
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30 Debaters For Fred Rowley Michael Pomery Against Godfrey Perrott Peter Doyle
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31 Debating Rules 4 minutes remarks by each debater 3 minutes rebuttal by each side 1 minute for each question, 2 minutes response for each side 3 minutes summary by each side
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32 Proposition Resolved, that it is in the public interest and essential for the credibility of the actuarial profession for the IAA to establish a robust set of model International Actuarial Standards of Practice to guide actuarial work under IFRS Phase 2 within 3 years.
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