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Search: Posts Made By: Saniokca
Forum: General Actuarial 03-30-2017, 05:06 PM
Replies: 204
Views: 38,416
Posted By Saniokca
Attempt 1: Checkout A critical error has...

Attempt 1:
Checkout
A critical error has occurred. An unexpected error has occurred.

Attempt 2:
It went through and somehow I see two tumblers

Should I try again?
Forum: Pension - Social Security 07-29-2016, 09:21 PM
Replies: 21
Views: 1,562
Posted By Saniokca
I may be misreading your question: If today is...

I may be misreading your question: If today is July 31, 2016 then, in my mind, there would be two payments in the next 1.5 years: Jan 1, 2017 (in 5 months) and Jan 1, 2018 (in 17 months).



The...
Forum: Pension - Social Security 07-29-2016, 07:41 PM
Replies: 21
Views: 1,562
Posted By Saniokca
If today is July 1, 2016 and payments are made on...

If today is July 1, 2016 and payments are made on Jan 1 then I would think that there there would be only one payment on Jan 1, 2017 (since the period would end on Dec 31, 2017).
Forum: Pension - Social Security 07-29-2016, 07:38 PM
Replies: 21
Views: 1,562
Posted By Saniokca
I agree with what you are saying (that was my...

I agree with what you are saying (that was my original point).

In the software one of the inputs is used to cap the time period for the annuity factor in this example the cap is 1.5 years. If it...
Forum: Pension - Social Security 07-29-2016, 03:20 PM
Replies: 21
Views: 1,562
Posted By Saniokca
I meant to say "2"

I meant to say "2"
Forum: Pension - Social Security 07-29-2016, 03:13 PM
Replies: 21
Views: 1,562
Posted By Saniokca
Maybe I'm not explaining properly... Payment...

Maybe I'm not explaining properly...
Payment of X is paid on Jan 1 every year.
Today is Jan 1, 2016.

What would you say is the value on January 1, 2016 if it is only effective for 1.5 years -...
Forum: Pension - Social Security 07-29-2016, 02:32 PM
Replies: 21
Views: 1,562
Posted By Saniokca
This is the example: Let's say you get a...

This is the example:
Let's say you get a temporary pension on the first of the month until age 65. Today (say it's July 31) you are 64 yrs, 11 months and 29 days. So tomorrow (Aug 1) you will still...
Forum: Pension - Social Security 07-29-2016, 01:39 PM
Replies: 21
Views: 1,562
Posted By Saniokca
Correct, in my non-software the three maturities...

Correct, in my non-software the three maturities would produce the same result (i.e. 2).

Let's say you get a temporary pension on the first of the month until age 65. Today (say it's July 31) you...
Forum: Pension - Social Security 07-29-2016, 01:29 PM
Replies: 21
Views: 1,562
Posted By Saniokca
There are three inputs: due, immediate and...

There are three inputs: due, immediate and continuous. Integer periods for "due" are calculated as expected.

Yes to your second question: 0.5, 0.1, etc.
Forum: Pension - Social Security 07-29-2016, 10:15 AM
Replies: 21
Views: 1,562
Posted By Saniokca
I am sure it's annuity-due, there is an input for...

I am sure it's annuity-due, there is an input for that.

for i=4 software answer is 1.48 but it also includes a bit of mortality (for an 18 year old so minuscule).

for reference, if I input...
Forum: Pension - Social Security 07-29-2016, 08:50 AM
Replies: 21
Views: 1,562
Posted By Saniokca
silly annuity question

Let's say I want to calculate an annuity due: paid once a year for 1.5 years, let's ignore mortality and say interest is 0%.

Should the answer be
a) 2 (1 payment at time zero and one at time 1)?...
Forum: Funding and Regulation Exam (Canada) 07-12-2014, 09:59 AM
Replies: 7
Views: 2,543
Posted By Saniokca
Congrats - so did I!

Congrats - so did I!
Forum: Careers - Employment 06-06-2013, 01:45 AM
Replies: 5
Views: 1,503
Posted By Saniokca
1) Information sessions - this is how I got an...

1) Information sessions - this is how I got an internship after graduating in 2008 competing against all the Waterloo grads with co-ops. Make sure you come prepared and with a good story. Talk to...
Forum: Careers - Employment 04-28-2013, 08:53 PM
Replies: 3
Views: 822
Posted By Saniokca
I don't like my work/life balance... Maybe if I...

I don't like my work/life balance... Maybe if I get paid by the hour I will look at it differently?

Based on a quick calculation I am coming closer to $70-$75 (if I include 80k salary, 10% bonus,...
Forum: Careers - Employment 04-28-2013, 07:50 PM
Replies: 3
Views: 822
Posted By Saniokca
Hourly Salary in pensions - anyone?

Hi,

I've been pondering for the past month about the posibility of working on contract and paid by the hour. Is anyone currently doing it?

Thanks!

P.S. I am an ASA with 5 years of experience
Forum: General Actuarial 07-28-2012, 03:49 PM
Replies: 699
Views: 122,268
Posted By Saniokca
I should add that I was really upset that the SOA...

I should add that I was really upset that the SOA would send out an email that is blasting one of its members.

Claiming that the ABCD claim is "unfounded" is also a bit premature... Sounds that...
Forum: General Actuarial 07-28-2012, 03:42 PM
Replies: 699
Views: 122,268
Posted By Saniokca
That is great! I usually don't even read those...

That is great! I usually don't even read those email but for some odd reason I read that one and now I am engaged :) I bet that was the purpose of his email :rofl:
Forum: General Actuarial 07-28-2012, 01:34 PM
Replies: 36
Views: 24,093
Posted By Saniokca
One question: If I nominate someone can AO reject...

One question: If I nominate someone can AO reject that nomination?
Forum: Financial Economics 05-01-2012, 10:43 AM
Replies: 534
Views: 531,934
Posted By Saniokca
I'm also a bit confused about this exercise. When...

I'm also a bit confused about this exercise. When they describe "Megalon Life for Tasks 1 and 3", they say "You will write a memorandum to management that will help them understand....".

Then when...
Forum: General Actuarial 03-31-2012, 03:27 PM
Replies: 24
Views: 4,474
Posted By Saniokca
it`s never obvious with the SOA...

it`s never obvious with the SOA...
Forum: General Actuarial 03-31-2012, 01:35 PM
Replies: 24
Views: 4,474
Posted By Saniokca
Thanks. What do you mean by preliminary?...

Thanks.

What do you mean by preliminary? Isn't it official once your name's on the list?
Forum: General Actuarial 03-31-2012, 01:26 PM
Replies: 24
Views: 4,474
Posted By Saniokca
Lol I don't need any more, I just thought that...

Lol I don't need any more, I just thought that it's funny that they would actually charge something as small as $10...
Forum: General Actuarial 03-30-2012, 08:30 PM
Replies: 24
Views: 4,474
Posted By Saniokca
Quite funny (at least to me)

"Dear Saniokca,

Congratulations upon completing the examination requirements for the Associateship of the Society of Actuaries! The Society of Actuaries would like to send you a diploma marking...
Forum: Modules 6-8 03-01-2012, 12:03 AM
Replies: 18,351
Views: 7,125,495
Posted By Saniokca
submitted 12/15/2011 MMR 2/29/2011 11:54PM...

submitted 12/15/2011
MMR 2/29/2011 11:54PM Eastern
Forum: Modules 6-8 02-27-2012, 09:56 AM
Replies: 18,351
Views: 7,125,495
Posted By Saniokca
You're right - sorry everyone. I guess I should...

You're right - sorry everyone. I guess I should at least take a shower before going online to check for results...
Showing results 1 to 25 of 236

 

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