Government Actuary's Department

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 (1887–1920)

    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 (1914–1983)