Society of Actuaries - 2003 Archived Yearbook

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Current year’s dues will be deferred upon approval of a written request meeting
policy guidelines;
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The deferral will terminate if the member becomes employed during the calendar
year at which time the current year’s dues are payable. The member will be
responsible for informing the Society office of the change in employment status;
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The current year’s dues will be waived at year’s end upon submission of a signed
statement that the member remained unemployed for the entire year;
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A member may receive a maximum of two consecutive waivers for unemployment.
The spirit of this policy is to be supportive of those members who find themselves
involuntarily unemployed and who are actively seeking employment.
Guidelines for deferment will include a statement that the member is unemployed, is
seeking employment and the current year’s income will not exceed $15,000 from all
sources (including severance pay and excluding investment income). Employment, as
defined in the present waiver guidelines, is actively earning income.
Waivers and deferments are processed through the Admissions Committee.
Reinstatement of Members
A Fellow or Associate who has resigned or who has been dropped for nonpayment of dues
may be reinstated on recommendation of the Admissions Committee and subject to Board
approval upon completion of an application for reinstatement, compliance with whatever
requirements are then in effect, and payment of back dues (currently limited to two years’
dues) and current dues. Article VII of the Constitution of the Society imposes requirements
on persons whose membership was terminated as a disciplinary matter.
2003 Section Dues
Actuary of the Future Section $ 15.00
Computer Science Section 10.00
Education & Research Section 15.00
Futurism Section 15.00