process.md

@@ -102,12 +102,10 @@ happens in the release cycle:
 
 
 - Throughout the year: discuss and refine proposals
-- Review period (a 2-week period around September-October): committee chooses which addenda to include
-- Following the review period: 
-
-  - Announcement of accepted proposals
-  - Form a new [committee](committee)
-- The committee chair/co-chair produce a revision of the language standard by incorporating the accepted proposals
+- The committee will meet in February, May, August and November. They will review proposals completed before that month, and make a decision about which to accept
+- After the committee has met, the decisions will be announced on the mailing list
+- In January of the following year, the committee chair will produce a revision of the language standard by incorporating the accepted proposals
+- A new [committee](committee) will then be formed
 
 ## Major revisions
 
@@ -124,10 +122,9 @@ needed for textbooks, for example.
 
 
 
-We expect releases to be made late in the year, around
-October-November.  Hence, each release will be named after the year
-following the year of release.  For example, the language revision
-released in November 2009 will be named "Haskell 2010".
+We expect releases to be made early in the year, normally during January.
+Each release will be named after the year of the release.
+For example, the language revision released in January 2014 will be named "Haskell 2014".
 
 
 ## Compiler support