CAS Membership Dues

The schedule of CAS membership dues as approved by the Board of Directors for 2024 is as follows:

CAS Dues

CAS Fellows and Associates

CAS Affiliate Members

iCAS and iCAS/ISCM Dues

iCAS and ISCM FULL DUES

For U.S. members who are not also members of the American Academy of Actuaries, an additional $80.00 is added to the CAS dues for the cost of operating the Actuarial Standards Board (ASB) and the Actuarial Board for Counseling and Discipline (ABCD).

Late Fee

A late fee of $200 will be assessed to member dues that have not been paid by January 31, 2024.

Membership Dues Schedule for New Members

Fellow and Associates

Membership fiscal year runs from October 1 -September 30. Annual dues for CAS Fellows and Associates are $665 with an additional $80 for those who are not members of the American Academy of Actuaries.

Those who become members from October 1 – April 1 will be charged the full $665 with an additional $80 for those who are not members of the American Academy of Actuaries.

Those who become members from April 1 – June 30 will be charged half-year dues of $333 with an additional $80 for those who are not members of the American Academy of Actuaries.

Those who become members between July 1 – September 30 will be assessed annual dues during the next fiscal year starting October 1.

CAS Dues Schedule Overview for New Members
Membership Join Date 10/1 – 3/31 Membership Join Date 4/1 – 6/30
New CAS Members with American Academy of Actuaries Membership Standard Dues: $665 Half Year: $333
New CAS Members without American Academy of Actuaries Membership Standard Dues: $665 + $80 Fee Half Year: $333 + 80 Fee

Affiliates

Membership fiscal year runs from October 1 -September 30. Annual dues for CAS Affiliates are $67, and those in Assistance Qualified Countries may apply for a reduced rate of $33.

Those who become Affiliate members from October 1 – April 1 will be charged the full rate.

Those who become Affiliate members from April 1 – June 30 will be charged half-year dues of $33, or $17.

Those who become members between July 1 – September 30 will be assessed annual dues during the next fiscal year starting October 1.

Visit Become an Affiliate Member of the CAS for more information about the benefits and requirements of this membership level.

Waiver or Deferral of Dues

As prescribed by the CAS bylaws, a member may submit a written request for waiver of dues to the Board of Directors before dues have become six months in arrears citing the reason for the request.

The request for a dues waiver, either partial or full, will be granted in the following situations:

Permanent Dues Waivers

  1. Attainment of age 70 (full dues waiver).
  2. Attainment of age 55 and deriving little or no earned income (full dues waiver)

Temporary Dues Waivers

  1. Retiring before the age of 55, deriving little or no earned income, and volunteering on a committee (CAS or Regional Affiliate), authoring a paper, participating as a panelist, or otherwise contributing to the Society (full dues waiver).
  2. Retiring before the age of 55, deriving little or no earned income, and not actively contributing to the Society (50% partial dues waiver).
  3. A Member on temporary leave from the actuarial profession because of active military service. This waiver is for one year and may be renewed each year upon written request.
  4. A Member on temporary leave from the actuarial profession and deriving little or no earned income because of
    1. a disability, or
    2. full-time attendance at an accredited school of higher education, or
    3. participating in a voluntary humanitarian service (Peace Corps, etc.), or
    4. raising children or caring for another family member.

    A Temporary Waiver granted for any of the reasons listed under item 4 above is for one year and may be renewed four additional years upon written request (maximum of five). Thereafter, additional requests for a temporary dues waiver for the reasons identified in item 4a-4c will require special consideration by the Board. Additional temporary full dues waivers for item 4d, may be granted to a member who is currently volunteering on a committee (CAS or Regional Affiliate), authoring a paper, participating as a panelist, or otherwise contributing to the Society. If not actively contributing to the Society, those members applying under item 4d may be granted unlimited additional 50% partial dues waivers.

    There is no lifetime limit imposed for temporary waivers granted under the reasons identified in items 1, 2, 3, and the extension to 4d described in the preceding paragraph.

    Dues Deferral

    A member who is unemployed and actively seeking employment may submit a written request for deferral of dues to the Board of Directors before dues have become six months in arrears. The request will be granted for one year and may be renewed for one additional year upon written request. Deferred dues are payable when the member becomes employed.

    Other Dues Waiver Requests

    The Board will consider written requests for waivers for other reasons and may, at its discretion, by a majority vote waive the dues of a member.

    Failure to Pay

    Failure to pay dues when no waiver or deferral has been granted will cause the member to be dropped from the rolls and be subject to the reinstatement policy.

    If you wish to request a waiver or deferral of dues, please return the Request for Dues Waiver or Deferral of Dues to the CAS Office, to the attention of Danelle Gee by March 31, 2024.