Actuarial Reviews
An actuarial evaluation of the long-term prospects for the National Insurance system is mandated every 5 years, or whenever any changes are proposed to benefits or contributions. Such evaluations are conducted by the Government Actuary's Department and the resulting reports must be presented to the UK Parliament.
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Famous quotes containing the word reviews:
“When the reviews are bad I tell my staff that they can join me as I cry all the way to the bank.”
—Wladziu Valentino Liberace (1919–1987)