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