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The Role of the Government Actuary's Department in Social Security in the United Kingdom

Published online by Cambridge University Press:  10 June 2011

C.D. Daykin
C.D. Daykin
Affiliation:
Government Actuary's Department, New King's Beam House, 22 Upper Ground, London SE1 9RJ, U.K. Tel: + 44(0)20-7211-2620; Fax: + 44(0)20-7211-2650; E-mail: chris.daykin@gad.gov.uk
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Abstract

The Government Actuary's Department (GAD) came into being in 1919, originally arising from the perceived importance of applying actuarial skills to the financing of the United Kingdom social security system. Whilst the GAD has changed considerably over the years, and now operates as a publicly owned consulting firm, social security and related policy and regulatory advice remain at the core of the Government Actuary's role. This paper explores the nature of the role of the GAD in the social security area, and provides examples of the scope of GAD reports on the long-term finances of the National Insurance Fund. A brief description is given of some of the other areas of GAD's work.

Keywords

Government ActuaryGovernment Actuary's DepartmentSocial SecurityPopulation ProjectionsPensions
Type
Sessional meetings: papers and abstracts of discussions
Information
British Actuarial Journal , Volume 7 , Issue 5 , 01 December 2001 , pp. 765 - 790
Copyright
Copyright © Institute and Faculty of Actuaries 2001

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