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  #41  
Old 11-16-2017, 03:14 PM
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Originally Posted by twig93 View Post
More money for my employer which theoretically means more money for me.
look everybody, twig's got jokes
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  #42  
Old 11-16-2017, 03:38 PM
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Originally Posted by twig93 View Post
Sure:
Benefits of decreasing dues: More money for my employer which theoretically means more money for me.

Benefits of increasing dues: None... unless I'm mistaken, the SOA is already rolling in money and raking it in every year with exam fees such that the stash of cash is ever increasing already.
Can you imagine any product owner at any company making this pitch?

We should charge less for this product because then the people who use it will have more money.

Why would we charge more? Even though this product would increase profit for us, we've already got enough cash so ya know... what's the point?

Seriously.

-Riley
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  #43  
Old 11-16-2017, 03:49 PM
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Originally Posted by whoanonstop View Post
Can you imagine any product owner at any company making this pitch?

We should charge less for this product because then the people who use it will have more money.

Why would we charge more? Even though this product would increase profit for us, we've already got enough cash so ya know... what's the point?

Seriously.

-Riley
The SOA is theoretically non-profit, so not remotely comparable.
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  #44  
Old 11-16-2017, 03:59 PM
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I see Speculative Fiction Contest, but I'm pretty sure you don't need to be a section member for that.
Right. The rules state that contestants must have passed two or more exams. And, as a matter of fact, some of the prizes have gone to CAS people.
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  #45  
Old 11-16-2017, 04:00 PM
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The SOA is theoretically non-profit, so not remotely comparable.
I'm completely glad you mentioned that.

However, non-profit does not mean that "profit" cannot be funneled to its employees / graders etc or improving things elsewhere in the SOA.

Non-profit companies should be just as concerned about profit as for-profit companies, the distribution of where that profit goes is just different.

-Riley
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  #46  
Old 11-16-2017, 04:51 PM
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I dunno, it's pretty high for professional dues.

CFA dues: $275
https://www.cfainstitute.org/communi...ges/index.aspx

IEEE dues: $201 (U.S. full membership...what an odd number)
https://www.ieee.org/membership_serv...join_dues.html

even funnier:


CPA dues: $455 at highest level
https://www.aicpa.org/MEMBERSHIP/DUES

ABA: $467 at highest
https://www.americanbar.org/membersh...igibility.html
CIA dues are $1,300.
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  #47  
Old 11-16-2017, 05:02 PM
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You guys have it easy....

FIA dues are 730 ($963 US or $1,228 CAN) this year.
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  #48  
Old 11-16-2017, 05:34 PM
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CIA dues are $1,300.
And if you're reimbursed for that from your employer, those are taxable benefits, right?

Yeesh.
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  #49  
Old 11-16-2017, 05:36 PM
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And if you're reimbursed for that from your employer, those are taxable benefits, right?

Yeesh.
not for me. I think that other dude is getting screwed
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  #50  
Old 11-16-2017, 05:56 PM
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not for me. I think that other dude is getting screwed
I wonder if it matters if the employer pays directly or if the employee pays and gets reimbursed by their employer.

It doesn't matter in the U.S., but I don't know Canadian tax law.
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