Government Actuary's Department
The Government Actuary’s Department (GAD) is a department of the Government of the United Kingdom responsible for providing actuarial advice to public sector clients. It describes itself as providing "Actuarial analysis - For the public sector - From the public sector".
The services GAD provides are:
-
- Actuarial valuations and advice for public sector pension schemes;
- Advice to the Government on occupational pension schemes and on private pensions policy;
- Advice on the pension aspects of staff transfers from the public sector;
- Advice to the UK government and overseas organisations on their social security arrangements and actuarial reviews of the National Insurance fund;
- Advice on investment-related issues including investment risk management strategies, and on project and enterprise risk; and
- Other actuarial and statistical advice on areas, including statistical analysis, healthcare financing and actuarial training.
Read more about Government Actuary's Department: History, Government Actuaries
Famous quotes containing the words government and/or department:
“In the relations of a weak Government and a rebellious people there comes a time when every act of the authorities exasperates the masses, and every refusal to act excites their contempt.”
—John Reed (18871920)
“We all live in a house on fire, no fire department to call; no way out, just the upstairs window to look out of while the fire burns the house down with us trapped, locked in it.”
—Tennessee Williams (19141983)