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Projections of the costs of occupational pensions

Published online by Cambridge University Press:  20 April 2012

J. L. Field
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Extract

1. In the three years since projections of occupational pension scheme membership and expenditure were made for the Wilson Committee more data about schemes has become available, such as that from the Government Actuary's survey of Occupational Pension Schemes 1979 (the G.A.'s Survey), so the occasion of the publication of the Government Actuary's National Insurance Fund Long Term Financial Estimate (the Quinquennial Review or Q.R.) has been taken to revise and extend the Wilson Committee projections, using the starting date and earnings and prices assumptions of the Q.R.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 110 , Issue 1 , June 1983 , pp. 243 - 269
Copyright
Copyright © Institute and Faculty of Actuaries 1983

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References

(1) Committee to Review the Functioning of Financial Institutions. Report, Cmnd 7937, H.M.S.O. Appendix 5.Google Scholar
(2) Occupational Pension Schemes 1979: Sixth Survey by the Government Actuary, H.M.S.O., 1981.Google Scholar
(3) National Insurance Fund long Term Financial Estimates: Report by the Government Actuary on the First Quinquennial Review under the Social Security Act 1975, H.M.S.O., 1982.Google Scholar
(4) General Household Survey 1979, H.M.S.O., 1981. New Earnings Survey 1979, H.M.S.O., 1980. National Income and Expenditure (the ‘Blue Book’), H.M.S.O., Annually. Population Projections 1979-2019 (O.P.C.S. series PP1, no. 11), H.M.S.O., 1981.Google Scholar
(5) J.I.A. 80, Pt II. Occupational Pension Schemes: surveys by the Government Actuary, H.M.S.O., 1958, 1966, 1968, 1972 and 1978. Hansard, House of Commons, Written Answers, 31 March 1958. Economic Trends, no. 127, H.M.S.O., 1964. Department of Employment Gazette, H.M.S.O., monthly. For prices and earnings. Social Trends, no. 6, H.M.S.O., 1975. Table 13.16 for social security summary.Google Scholar