Do the Specific Qualification Standards require 15 CE credits a year in addition to the 30 credits required by the General Qualification Standard?
No. The 15 CE credits required by the revised Specific Qualification Standards may be applied to the 30-credit annual CE requirement in the General Qualification Standard. In other words, actuaries are not required to obtain 45 CE credits annually to satisfy the revised Qualification Standards. Also, the 6 CE credits that must be “obtained through experience that involves interaction with outside actuaries or other professionals” under the Specific Qualification Standards may also satisfy the “organized activity” requirement under the General Qualification Standard.