Difference between revisions of "Life Membership"

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'''Life Membership''' in The Augustan Society, Inc., is available only to current members in [[Good Standing]]. It is not permitted to join as a Life Member.
 
'''Life Membership''' in The Augustan Society, Inc., is available only to current members in [[Good Standing]]. It is not permitted to join as a Life Member.
  
The procedure for handling a [[Petition for Life Membership]] is:
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The procedure for handling a Petition for Life Membership is:
  
A Petition for Membership is required. Normally, these are completed by the petitioner and returned either on paper or electronically. In rare cases, Staff may create a petition when one is not submitted. These are usually not accompanied by payment.
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A Petition for Membership is required. Normally, these are completed by the petitioner and returned either on paper or electronically. [[Headquarters Staff]] may create a petition when they feel that is advantageous. These are usually not accompanied by payment.
  
Staff will then notify the petitioner of the amount of Life Dues. This is done by multiplying the current annual dues by the petitioner's life expectancy according to the most recent US government Actuarial Life Table, such as [http://www.ssa.gov/OACT/STATS/table4c6.html this from the Social Security Administration]. Use whichever gender has the longer life expectancy — no bias based on gender is to be employed.
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Headquarters Staff will then notify the petitioner of the amount of Life Dues. This is done by multiplying the current annual dues by the petitioner's life expectancy according to the most recent US government Actuarial Life Table, such as [http://www.ssa.gov/OACT/STATS/table4c6.html this from the Social Security Administration]. Use whichever gender has the longer life expectancy — no bias based on gender is to be employed.
  
A Life Dues Account may be set up, provided that dues must be paid each year and an amount equal to the greater of one tenth of the the-current life dues and the current annual dues is also deposited. Should a member fail to make any year's deposit, the amount on deposit will be converted to a credit.
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A Life Dues Account may be set up by submitting an even multiple of the current dues and receiving a corresponding expiration date. When the value of dues beyond the current year is equal to or greater than the then-current life membership, the member will be converted to Life Membership automatically. Any balance left, will be converted to a credit. A refund of the balance may be issued after deducting a $4 service fee.
  
Once all dues are paid, a new [[Membership Card]] and [[Certificate of Life Membership]] are issued.
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Once Life Member dues are paid, a new [[Certificates|Certificate of Membership]] is issued over the signatures of the [[President]] and [[Secretary]].
  
Regular Membership will be converted to Life Membership immediately, with no credit issued for any partial year remaining.
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All Life Members receive a life subscription to the '''Augustan Omnibus'''.
  
Those who become Life Members after 2014 will also receive a life subscription to ''The [[Augustan Omnibus]]''.
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Each contact from a Life Member should be recorded in the [[Roster]]. Annually, the last contact date for Life Members should be reviewed, and those without contact for three years or more should be sent a final notice by mail. Those who do not respond within 30 days will be removed from the active roster.
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Inactive Life Members who again contact Headquarters will be returned to active status without formal petition or fees. Replacement of missed issues of [[Augustan Omnibus|The Augustan Omnibus]] will be at member rates, save that the most recent missed issue will be sent gratis.
  
Those who became Life Members before 2015 did not receive a life subscription to the Augustan Omnibus. They may purchase same for an amount equal to the current annual subscription rate multiplied by the Actuarial Life Table, as above.
 
  
 
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*[[Membership|back to Membership]]
 
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*[[Administration|back to Administration]]
 
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*[[Main Page|back to Main Page]]

Latest revision as of 21:43, 23 February 2024

Life Membership in The Augustan Society, Inc., is available only to current members in Good Standing. It is not permitted to join as a Life Member.

The procedure for handling a Petition for Life Membership is:

A Petition for Membership is required. Normally, these are completed by the petitioner and returned either on paper or electronically. Headquarters Staff may create a petition when they feel that is advantageous. These are usually not accompanied by payment.

Headquarters Staff will then notify the petitioner of the amount of Life Dues. This is done by multiplying the current annual dues by the petitioner's life expectancy according to the most recent US government Actuarial Life Table, such as this from the Social Security Administration. Use whichever gender has the longer life expectancy — no bias based on gender is to be employed.

A Life Dues Account may be set up by submitting an even multiple of the current dues and receiving a corresponding expiration date. When the value of dues beyond the current year is equal to or greater than the then-current life membership, the member will be converted to Life Membership automatically. Any balance left, will be converted to a credit. A refund of the balance may be issued after deducting a $4 service fee.

Once Life Member dues are paid, a new Certificate of Membership is issued over the signatures of the President and Secretary.

All Life Members receive a life subscription to the Augustan Omnibus.

Each contact from a Life Member should be recorded in the Roster. Annually, the last contact date for Life Members should be reviewed, and those without contact for three years or more should be sent a final notice by mail. Those who do not respond within 30 days will be removed from the active roster.

Inactive Life Members who again contact Headquarters will be returned to active status without formal petition or fees. Replacement of missed issues of The Augustan Omnibus will be at member rates, save that the most recent missed issue will be sent gratis.