View Full Version : Professional Development
julieml
11-05-2002, 11:22 AM
Does anyone know - is it okay to plagiarize the sample PD statements of completion?
Also, if I received credits from past exams applied toward PD during the 2000 conversion, were they subject to the 25-month rule and expired?
Does anyone know - is it okay to plagiarize the sample PD statements of completion?
Don't know. The factthat you used the word "plagarize" would make me think no.
Also, if I received credits from past exams applied toward PD during the 2000 conversion, were they subject to the 25-month rule and expired?
Absolutely not.
julieml
11-05-2002, 03:08 PM
In case anybody else was wondering, I did get confirmation from the SOA also that transition credits don't expire. I don't know why it never occurred to me before that I was sitting on 40 transition credits that might be worthless, but fortunately the thought only caused one sleepless night!
Also, the section I want to copy is the first page of the statement that is signed by the advisor and just states that you've completed your plan within the timeframe, etc. Half of it seems to come straight from the catalog anyway. Have other people strayed from the sample on the website?
PinkFloydActuary
11-06-2002, 08:44 AM
When I first wrote up my paper, I thought the statement of completion and
educational benefits sections were templates that we were supposed to
use almost verbatim (only when I got to the second half of the benefits section did I realize this couldn't be the case). In the end, I changed that,
but used the statement of completion almost word for word, because there's not much in there other than a few plain facts.
...25-month rule and expired?
Does that mean I have 25 months to complete 1-8 from the time I submit PD credits? If so, is there a limit to how many credits one can complete prior to passing 1-8?
PD credits from exams don't expire. For the rest there is a limit to how many you can get before you file, and you can't file until you finish 1-8. And after you file there is a time limit.
I think that sums it up, although you are welcome to read all about it.
http://www.soa.org/eande/prodev.html
You cannot accumulate more than 15 PD units before you pass 1-8. That's how many you can have before you submit your plan and you cannot submit your plan until you have passed 1-8.
You cannot accumulate more than 15 PD units before you pass 1-8. That's how many you can have before you submit your plan and you cannot submit your plan until you have passed 1-8.
I think that's a little misleading, although it does say that somewhere. It implies that someone who takes their third EA exam after filing would get 25 PD credits, but someone taking it before would only get 15. You may argue that the policy literally says this, but I don't think it's true in practice. It doesn't seem like they'd penalize someone for taking an exam too soon. It certainly doesn't say that on the page that lists the number of PD credits for the exams. I'm not going to argue about it. If someone was denied credit for an exam they took prior to filing I'd like to hear about it.
Anyway, your advisor does have some flexibility. I know someone who used the EA exams to get credit for 8R and 8P (along with 10 more fellowship pension credits) upon the 2000 conversion, and then used the EA exams again for 25 PD credits. That's pretty clearly against the rules no matter how you read them, but whatever.
Sorry if my phrasing was unclear. I meant it in conjunction with my previous post about exam credits not expiring.
Other than PD units from passing exams (whether pre-transition or other designations), you cannot have more than 15 PD units completed before you file your plan.
Sorry, I didn't link your two posts together in my head.
failed8v
11-07-2002, 02:25 PM
Okay, I have 30 transitional credits through pre-2000 exams.
The maximum number of credits I could earn by listening to audio tapes is 15. Any bright ideas on how to earn the 5 credits remaining, If I get a good news on Jan. 10?
I don't want to attend any overprice SOA meetings. Non-traditional credits what are they?
Anybody had a success with a project? It worth 15credits, If I go on that route I could earn the remaining 5 credits with audio tapes.
Where does it say that the maximum number of credits for listening to tapes is 15? I was hoping to get all of my remaining credits by listening to tapes.
In the Professional Development Requirement - Overview, it says on page 5 of 6 (after the Non-Approved program stuff): Candidates are permitted to make use of professionally audiotaped, videotaped, and/or Internet programs up to a maximum of 15 units per plan (either SOA-approved or non-approved).
failed8v
11-07-2002, 02:51 PM
Where does it say that the maximum number of credits for listening to tapes is 15? I was hoping to get all of my remaining credits by listening to tapes.
Here is from the link
http://www.soa.org/eande/update.html
Candidates are permitted to make use of professionally audiotaped, videotaped, and/or Internet programs up to a maximum of 15 units per plan (either SOA-approved or non-approved). However, these programs are limited to those sponsored by the SOA or other recognized actuarial organizations (e.g. CAS, CIA, CCA, ASPA, AAA,). In the case of audio or videotaped programs, the date of the actual program will serve as the eligibility date for a candidate's PD plan time frame.
Okay, I have 30 transitional credits through pre-2000 exams.
The maximum number of credits I could earn by listening to audio tapes is 15. Any bright ideas on how to earn the 5 credits remaining, If I get a good news on Jan. 10?
I don't want to attend any overprice SOA meetings. Non-traditional credits what are they?
Anybody had a success with a project? It worth 15credits, If I go on that route I could earn the remaining 5 credits with audio tapes.
Maybe you need to find an advisor and discuss it. Your company won't pay to send you to one meeting for PD? That's being very cheap compared to what most companies will do.
julieml
11-07-2002, 07:00 PM
You could do a presentation to your work buddies. It's probably good for 5 credits, and it's more like a mini-project. An actual 15 credit project requires 60-100 hours of extra work. Ick!
What's the best study guide for PD? Is there an Actex?
ACTEX is no good, and Bensics is even worse than ACTEX; you should use the JAM PD Supplement :wink:
mayreeh
11-08-2002, 12:18 PM
You can get three PD credits for a one hour presentation on a suitably actuarial topic.
If you need 5 credits extra, I would plan on 2 hours of presentation time.
Tim Hortons
11-12-2002, 10:22 AM
What's the best study guide for PD? Is there an Actex?
I don't get it: what are you studying for? I didn't think there were any tests for PD...
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