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Government Actuary's Department

The Government Actuary’s Department (GAD) is a department of the UK Government responsible for providing actuarial advice to public sector clients.

The key responsibilities of GAD are:

  • Actuarial valuations and advice for public sector pension schemes;
  • Surveys of Occupational Pension Schemes;
  • Advising the Government on pension schemes;
  • Assessing the solvency levels of life insurance and general insurance companies;
  • Producing population projections, and
  • Advising the Government on the supervision of the National Insurance Fund.

History

In 1912 the Government appointed a chief actuary to the National Health Insurance Joint Committee, following the Old Age Pensions Act 1908 and the National Insurance Act 1911 .

As the role of the Chief Actuary expanded the post of Government Actuary was created in 1917. Two years later the Government Actuary’s Department was formed.

Government Actuaries


May 1917- May 1936Sir Alfred Watson KCB
May 1936 - Nov 1944Sir George Epps KBE
Dec 1944 - Aug 1946Sir Percy Harvey KBE, CB
Aug 1946 - Mar 1958Sir George Maddex KBE
Apr 1958 - Apr 1973Sir Herbert Tetley KBE, CB
May 1973 - Apr 1989Sir Edward Johnston KBE, CB
Apr 1989 - PresentChristopher Daykin CB

External Links



07-14-2008 23:18:10
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