Member Vote Open: Proposed Membership Dues Increase
September 7, 2021
Recently, the Board of Directors recommended a $45 dues increase to help maintain CCA’s financial health now and into the future. The Board of Directors is responsible for managing the CCA’s finances and ensuring the financial health
of the organization. This includes making recommendations for annual membership dues.
The Board is committed to providing members with access to timely and relevant content, programming and services. After considerable thought and discussion, the Board brings this dues increase proposal to the membership for a vote per the CCA Bylaws. The vote will be to increase membership dues from $425 to $470.
If approved, the dues increase will be effective with the 2022 dues renewal invoices that will be sent to all members in early December 2021.
Membership dues account for about 30 percent of the organization’s total annual revenue. Since the last dues increase in 2016, many benefits have been added due to CCA’s successful management of its financial position. These added benefits
support the professional development of the members so that they can provide outstanding service to their clients and employers. This includes opportunities to expand networks, tap into relevant and applicable professional content, and stay at the
forefront of what is happening in the profession.
The CCA continues to pursue opportunities to increase non-dues revenue to support strategic initiatives that benefit members' professional development and keep actuaries informed about timely subjects/topics. This includes events and conferences, organizational and corporate webinar annual subscriptions, and sponsorships.
The Board is committed to supporting the membership professionally. As we look at where we’ve been and where we are going, increasing membership dues will help us ensure a sound financial future for the CCA.