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  #11  
Old 11-15-2017, 05:41 PM
Cooke Cooke is offline
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Originally Posted by twig93 View Post
So I just got an email from Mike Lombardi / the SOA that dues are going up.

Excerpts (which I weirdly can't copy & paste so I'm shortening to the most relevant bits) ...


I thought the SOA was making money hand over fist from the exams and basically has more money than they know what to do with. Am I missing something or are they just getting even greedier?
Glad to see the retired members' fee only went up by $3 (to $63). I will only have to make one less trip to Starbucks next year to be able to afford my SOA membership.
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  #12  
Old 11-15-2017, 05:45 PM
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Originally Posted by NormalDan View Post
I struggle to come up with a solid speculation for why a society would decide to sit on lots of cash...
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Originally Posted by yoyo View Post
more money is better than less money
.

I think they've been sitting on a growing pile of cash for quite some time now.
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The thing that is clearest is twig's advice
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  #13  
Old 11-15-2017, 05:48 PM
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Originally Posted by Steve White View Post
Source? I think I had heard they paid some study material authors, but believe they on occasion pay authors of study material for material for more traditional SOA exams. They do reimburse travel expenses for graders, which would be higher per exam than for SOA exams with more candidates.
The source is my recollection of the GI Exam Track thread on AO.

I thought they were paying folks to write & grade the exams, but it's possible that I'm mistaken about that. The number of SOA members would be qualified to do so and also willing to volunteer has got to be extremely close (if not identically equal) to zero.
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  #14  
Old 11-15-2017, 06:09 PM
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Turd Ferguson Turd Ferguson is offline
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meh... employer pays the fees anyways.
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Yeah, well, that's your opinion.
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  #15  
Old 11-15-2017, 06:10 PM
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Covering legal costs?
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  #16  
Old 11-15-2017, 06:20 PM
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Covering legal costs?
RN
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  #17  
Old 11-15-2017, 06:32 PM
Canadiens Fan Canadiens Fan is offline
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Originally Posted by NormalDan View Post
companies paying the dues without much impact to the membership you'd probably figure there will be little pushback.
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Originally Posted by Turd Ferguson View Post
meh... employer pays the fees anyways.
The dues appear on my paycheck as taxable benefits, so I end up having to pay taxes on them...
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  #18  
Old 11-15-2017, 06:34 PM
Cooke Cooke is offline
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Originally Posted by Canadiens Fan View Post
The dues appear on my paycheck as taxable benefits, so I end up having to pay taxes on them...
This is surprising tax treatment.
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  #19  
Old 11-15-2017, 07:06 PM
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Doctor Who Doctor Who is offline
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I wonder how much the SOA Member Recognition Program is costing, especially now that there is a dues increase.

There are no free lunches.
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  #20  
Old 11-15-2017, 08:10 PM
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Originally Posted by Canadiens Fan View Post
The dues appear on my paycheck as taxable benefits, so I end up having to pay taxes on them...
what the ****?
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