WAIVER POLICY AS ADOPTED BY THE BOARD OF GOVERNORS
May 29, 1996
A. Upon request, any member of the Academy who has previously paid dues and will not be serving as a fee-for-service arbitrator during the annual period covered by a dues statement will be granted a full or partial waiver of dues and assessments for such period.
1) If the requesting member will be engaged in other employment during such period, the waiver shall be 50% of the annual dues and assessments.
2) If the requesting member will not be engaged in other employment during such period, the waiver shall be 100% of the annual dues and assessments.
Members granted a waiver of dues and assessments under (1) or (2) above will be designated as “Standing Members” in the Membership Directory.
B. Upon request, a 20-year member of the Academy who has served as a fee-for-service arbitrator in five or fewer cases during the preceding dues year shall be granted a 50% waiver of dues and assessments for the following year and shall be carried as an “Active Member” in the Membership Directory. Such a request must be renewed annually.
HONORARY LIFE MEMBERSHIP POLICY
In 1989, the Board established the membership category of Honorary Life Member. The stated purpose of this action was to honor and retain distinguished members of the Academy who no longer are active arbitrators and who have already resigned or might otherwise resign from NAA membership.
As a matter of tradition since 1990, past Presidents of the Academy have been granted Honorary Life Member status upon cessation of all arbitration activity.