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Membership

Members are measured through an ongoing annual liability assessment Membership of the Scheme is voluntary and members have the right to review their participation each year at subscription renewal time.

In the early years nearly all Victoria's councils were CMP members together with a number of non-council authorities. In June 1996 Tasmanian Councils were invited to join CMP, the majority taking up membership in June 1996.

Current Membership List 2006. (40k.)

Each scheme member pays an annual contribution to CMP to create the funding pool. The size of the funding pool is determined after taking actuarial advice.
Distribution of the required funding pool across the membership is driven by a formula with a component that links the contribution to the member's risk management and claims performance. Members with a good rating for improving risk management performance and minimising claims are rewarded and those with a poor record are penalised.
Risk management performance is measured through an ongoing annual liability assessment process that gives each member a risk management rating.



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