# Actuarial orgs dues **URL:** \ **Category:** General topics\ **Created:** [January 27, 2021, 7:19pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897 "2021-01-27T19:19:11Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![meep](https://community.goactuary.com/user_avatar/community.goactuary.com/meep/32/44_2.png) [@meep](https://community.goactuary.com/u/meep)\ **Post date:** [January 27, 2021, 7:19pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/1 "2021-01-27T19:19:11Z")
Rather than add to an already overheated thread, I’ll make a new one. > [@Fall 2020 Exam 7 Sitting](https://community.goactuary.com/t/fall-2020-exam-7-sitting/296/1040): > > Yes, they charge much higher dues. And higher exam fees. And higher costs for syllabus material. And a lot more of their exam adminstration is done by employees rather than by volunteers. And they are a much larger group that has more resources even without charging more. Let’s just put down what the dues are: SOA: [https://www.soa.org/about/membership/member-dues/](https://www.soa.org/about/membership/member-dues/) ![image](https://community.goactuary.com/uploads/default/original/2X/f/f263772824505e8dcb2b3733ef286e3aadb25311.png) CAS: > **[Membership](https://www.casact.org/membership?fa=dues)** ![image](https://community.goactuary.com/uploads/default/original/2X/6/6db8876ffef7b87d98ef24d6f36dd1eb76e00ff6.png) FWIW, I actually don’t pay $725 as a U.S. FSA – I’m a member of the Academy, so my dues are: $670. I note that the CAS does not put the AAA-related charge in their dues table as default, and the SOA does. Anyway, comparable SOA dues are 9% higher than the CAS. ($670 vs $615) Just for people to know: ASAs/CERAs w/ 5 years of membership have similar voting rights to FSAs, except for amendment to bylaws, iirc. ---
**Author:** ![meep](https://community.goactuary.com/user_avatar/community.goactuary.com/meep/32/44_2.png) [@meep](https://community.goactuary.com/u/meep)\ **Post date:** [January 27, 2021, 7:24pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/2 "2021-01-27T19:24:02Z")
Oh, and if you’re not an Academy member, and you’re a fellow, that’s: SOA: $725 CAS: $695 Only 4% difference. ---
**Author:** ![SteveWhite](https://community.goactuary.com/letter_avatar_proxy/v4/letter/s/c67d28/32.png) [@SteveWhite](https://community.goactuary.com/u/SteveWhite)\ **Post date:** [January 27, 2021, 7:51pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/3 "2021-01-27T19:51:40Z")
Fortunately for retired actuaries the dues are far lower. OTOH, I get almost no benefits other than the opportunity to provide free volunteer labor to the SOA for E&E activities. ---
**Author:** ![meep](https://community.goactuary.com/user_avatar/community.goactuary.com/meep/32/44_2.png) [@meep](https://community.goactuary.com/u/meep)\ **Post date:** [January 27, 2021, 8:01pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/4 "2021-01-27T20:01:36Z")
Hey, I’ve gotten so many nifty tchotchkes for my SOA activities! (and a few trips to nice places) ---
**Author:** ![SteveWhite](https://community.goactuary.com/letter_avatar_proxy/v4/letter/s/c67d28/32.png) [@SteveWhite](https://community.goactuary.com/u/SteveWhite)\ **Post date:** [January 27, 2021, 8:18pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/5 "2021-01-27T20:18:23Z")
I don’t remember even getting a volunteer gift in 2020. I have gotten trips to many locations I enjoyed, but most of those were while I, really my employer, was paying full dues. The current policies for E&E work locations are not as appealing as in the past. Due to COVID, no E&E travel for me since Jan 2020; no idea when it might resume. My volunteer time has not decreased, increased a little in fact, despite no in-person meetings. ---
**Author:** ![meep](https://community.goactuary.com/user_avatar/community.goactuary.com/meep/32/44_2.png) [@meep](https://community.goactuary.com/u/meep)\ **Post date:** [January 27, 2021, 8:25pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/6 "2021-01-27T20:25:25Z")
My time for E&E has been less since 2017 myself, because of Stu’s cancer. I don’t know what the current policies for E&E are, but grading has been distance for the last couple sittings, obviously. Distance grading went pretty well, but we obviously had to change procedures. ---
**Author:** ![SteveWhite](https://community.goactuary.com/letter_avatar_proxy/v4/letter/s/c67d28/32.png) [@SteveWhite](https://community.goactuary.com/u/SteveWhite)\ **Post date:** [January 27, 2021, 8:46pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/7 "2021-01-27T20:46:24Z")
Almost all my work has been on question setting (involvement in some question setting capacity in every exam session since 1978 except one; almost always with just one exam per session). I graded papers for the first time, distance grading, for Fall 2020. No reward at all\* for that grading work, but I did enjoy it and will volunteer to continue grading. It went well, IMO. - They did reimburse $9.53 for an app to let me grade pdfs, an app I would not have bought otherwise and may never use for any other purpose. So not a reward. ---
**Author:** ![Lucy](https://community.goactuary.com/user_avatar/community.goactuary.com/lucy/32/8802_2.png) [@Lucy](https://community.goactuary.com/u/Lucy)\ **Post date:** [January 28, 2021, 4:56pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/8 "2021-01-28T16:56:06Z")
now do exam costs and syllabus material costs. Last I checked, all the syllabus materials for which the CAS owned the copyright were all free as a PDF. Obviously, 3rd party textbooks cost whatever they cost. But I know situations where the CA chose one textbook instead of two because they were concerned about the total cost to candidates. ---
**Author:** ![Lucy](https://community.goactuary.com/user_avatar/community.goactuary.com/lucy/32/8802_2.png) [@Lucy](https://community.goactuary.com/u/Lucy)\ **Post date:** [January 28, 2021, 4:57pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/9 "2021-01-28T16:57:37Z")
I just got a $30 gift certificate as a thank-you for grading. I spent about 15 hours grading. So… $2/hour. 🤪 I think it was sort of to make up for not taking us out to dinner at the grading meeting. ---
**Author:** ![NormalDan](https://community.goactuary.com/user_avatar/community.goactuary.com/normaldan/32/1013_2.png) [@NormalDan](https://community.goactuary.com/u/NormalDan)\ **Post date:** [January 28, 2021, 5:14pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/10 "2021-01-28T17:14:41Z")
> [@Lucy](#): > > $30 gift certificate as a thank-you for grading 👍 thanks for volunteering despite the abuse ---
**Author:** ![meep](https://community.goactuary.com/user_avatar/community.goactuary.com/meep/32/44_2.png) [@meep](https://community.goactuary.com/u/meep)\ **Post date:** [January 28, 2021, 7:00pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/11 "2021-01-28T19:00:06Z")
> [@Lucy](#): > > now do exam costs and syllabus material costs. Not disagreeing – exam fees are a bigger source of revenue for the SOA than membership dues, iirc. ---
**Author:** ![meep](https://community.goactuary.com/user_avatar/community.goactuary.com/meep/32/44_2.png) [@meep](https://community.goactuary.com/u/meep)\ **Post date:** [January 28, 2021, 7:07pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/12 "2021-01-28T19:07:17Z")
> [@meep](#): > > Not disagreeing – exam fees are a bigger source of revenue for the SOA than membership dues, iirc. So I decided to dig into the SOA 990s I already had (don’t you go grab them?) and my most recent one is 2017. Program service revenue for 2017 was $59.1 million Ugh, whatever they used to file the 990 is very poorly aligned.. or perhaps the PDFs got screwed up somehow. Exam fees for 2017: $33.7 mil Membership dues: $14.7 Meeting fees: $7.6 And the remaining $3 mil looks like grants and things like that. So that’s the SOA’s revenue structure. ---
**Author:** ![ActuaryUK](https://community.goactuary.com/letter_avatar_proxy/v4/letter/a/e495f1/32.png) [@ActuaryUK](https://community.goactuary.com/u/ActuaryUK)\ **Post date:** [February 25, 2021, 9:57pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/13 "2021-02-25T21:57:40Z")
> [@meep](#): > > Oh, and if you’re not an Academy member, and you’re a fellow, that’s: > > SOA: $725 > CAS: $695 > > Only 4% difference. IFoA is £715, or just over $1000. Why? ---
**Author:** ![meep](https://community.goactuary.com/user_avatar/community.goactuary.com/meep/32/44_2.png) [@meep](https://community.goactuary.com/u/meep)\ **Post date:** [February 26, 2021, 1:28am UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/14 "2021-02-26T01:28:14Z")
Probably because it’s really two orgs that got merged. If SOA & CAS merge, we should expect the same. Watch out! More seriously, in the U.S., we have a third major actuarial org: the AAA. To be sure, many American actuaries don’t join the AAA, even though they’re qualified to. Very few actuarial jobs actually require being an MAAA (signing off on reserves, etc.) – AAA dues are $720 right now. I had $670 for SOA (as I’m an MAAA) & $720 for AAA – $1390. We’re still more expensive than the IFoA! WOOO! ---
**Author:** ![trueblade](https://community.goactuary.com/user_avatar/community.goactuary.com/trueblade/32/293_2.png) [@trueblade](https://community.goactuary.com/u/trueblade)\ **Post date:** [February 26, 2021, 5:01pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/15 "2021-02-26T17:01:58Z")
CIA: CAD 1346 = USD 1060 What a rip off FCIA + FSA/FCAS = $1755 to $1785 Canada wins ---
**Author:** ![Maphistos\_Sidekick](https://community.goactuary.com/user_avatar/community.goactuary.com/maphistos_sidekick/32/84973_2.png) [@Maphistos\_Sidekick](https://community.goactuary.com/u/Maphistos_Sidekick)\ **Post date:** [February 26, 2021, 10:52pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/16 "2021-02-26T22:52:47Z")
And just to, um, increase the the margin of that Canadian “victory”… at least for casualty actuaries, don’t the CAS’s CE requirements effectively require actuaries who live and practice in Canada to be members of the CIA, as the CIA requires membership to access the professionalism module required under Canadian CE standards? At least in the US, Academy membership isn’t actually required. ---
**Author:** ![Lucy](https://community.goactuary.com/user_avatar/community.goactuary.com/lucy/32/8802_2.png) [@Lucy](https://community.goactuary.com/u/Lucy)\ **Post date:** [February 27, 2021, 1:13am UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/17 "2021-02-27T01:13:49Z")
> [@Maphistos\_Sidekick](#): > > CAS’s CE requirements effectively require actuaries who live and practice in Canada to be members of the CIA, as the CIA requires membership to access the professionalism module required under Canadian CE standards? Yes Although I think of it as the CIA’s requirement that you be a member to be allowed to get critical Canadian CE. ---
**Author:** ![NerdAlert](https://community.goactuary.com/user_avatar/community.goactuary.com/nerdalert/32/683_2.png) [@NerdAlert](https://community.goactuary.com/u/NerdAlert)\ **Post date:** [November 21, 2023, 7:25pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/18 "2023-11-21T19:25:11Z")
It’s that time of year again. Colleague’s SOA dues like doubled because of when they became an ASA. They were sticker shocked - thankfully they don’t have to pay for it themselves. Our company wants us to have the dues hit in 2024, so I am holding off until the end of December. Company giving off strong George Constanza K-Uger! vibes ---
**Author:** ![BigBlackBen](https://community.goactuary.com/user_avatar/community.goactuary.com/bigblackben/32/973_2.png) [@BigBlackBen](https://community.goactuary.com/u/BigBlackBen)\ **Post date:** [November 21, 2023, 10:12pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/19 "2023-11-21T22:12:45Z")
You have to pay dues pre ASA?! SOA really hurting for cash Edit: nvm I can’t read ---
**Author:** ![PatientZombie](https://community.goactuary.com/user_avatar/community.goactuary.com/patientzombie/32/391_2.png) [@PatientZombie](https://community.goactuary.com/u/PatientZombie)\ **Post date:** [December 1, 2025, 9:53pm UTC](https://community.goactuary.com/t/actuarial-orgs-dues/1897/20 "2025-12-01T21:53:39Z")
i have recieved dues invoices for AAA and my local club, but have seen nothing from SOA. Has anyone else recieved the SOA invoice? [Next page](https://community.goactuary.com/t/actuarial-orgs-dues/1897.md?page=2)