|
|
Is there a limit to the maximum hours spent studying for actuarial exams that can be counted as annual continuing education (CE)? | Under the U.S. Qualification Standards (USQS), an actuary may count all of the actual time spent studying for actuarial exams toward his or her annual CE requirements (using a 50 minute = 1 CE hour calculation), typically under the “other activities” component. Please keep in mind that excess CE hours may be rolled over for only one year and that at least 6 CE hours from “organized activities” and 3 CE hours on professionalism topics must be earned annually. Therefore, an actuary who earned 100 CE hours from studying in 2013 may count that toward the 24 hours of “other activities” CE for 2013 (but will still need 6 hours of organized activity CE) and may roll over the excess toward the required 24 hours of “other activities” CE for 2014. (Sections 2.2.2, 2.2.7, and 2.2.9) |
Share