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Government Actuarys Department


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Projects Showcase

GAD’s case studies showcase the variety of projects we are involved in across several areas. These include pensions, credit risk and quality assurance.

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Support to the UK’s regulators

GAD supports UK regulators by helping them understand the pension costs of the companies they regulate. We provide data, analysis and evidenced based expertise.

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Transparency data: Government Actuary's Department (GAD): spending over £25,000 2024

This web page details GAD's spend greater than £25,000 for the calendar year 2024.

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Projects showcase

GAD’s case studies showcase the variety of projects we are involved in across several areas. These include pensions, credit risk and quality assurance.

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GAD actuary on Bank's new panel

A GAD actuary has been appointed to a new financial panel. The cost benefit analysis panel was set up by the Bank of England and Prudential Regulation Authority.

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Case study: Model quality assurance

GAD's quality assurance reviews of financial models helps with verifying model calculations and validating data and assumptions.

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Case study: Model quality assurance

GAD's quality assurance reviews of financial models helps with verifying model calculations and validating data and assumptions.

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Case study: Factors review

GAD will shortly be updating Factor Guidance Notes for public service pensions schemes. It follows completion of a major actuarial factors review project.

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Case study: Credit risk group

GAD has set up a cross-government Credit Risk group for people in government and the public sector who manage loans and financial guarantees.

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Case study: Close collaboration – how GAD works with NHS Resolution

GAD works closely with NHS Resolution which handles negligence claims on behalf of indemnity scheme members; NHS organisations and independent sector providers.

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Independent report: LGPS E&W: review of the actuarial valuations of funds as at 31 March 2022

Statutory review of the Local Government Pension Scheme England and Wales (section 13 report).

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Review of LGPS fund valuations

GAD’s report on the 2022 actuarial valuations of the Local Government Pension Scheme England and Wales includes 3 recommendations for the Scheme Advisory Board.

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Transparency data: Government Actuary's Department (GAD): spending over £25,000 2024

This web page details GAD's spend greater than £25,000 for the calendar year 2024.

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GAD, innovation and the Analysis Function

We support and sponsor innovation for people working in government analysis. GAD collaborates with the Analysis Function, promoting the value of innovation.

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GAD supports power station development

GAD is supporting the government in the development of Sizewell C. We have applied our experience of funding models to advise the government.

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Corporate report: Government Actuary's Department Main Estimate Memorandum 2024 25

GAD's Main Estimate memorandum for the 2024-25 financial year.

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Corporate report: GAD business critical models

The Government Actuary's Department is publishing a list of its business critical models as part of its response to the Macpherson review.

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Corporate report: GAD business critical models

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The Government Actuary's Department is publishing a list of its business critical models as part of its response to the Macpherson review.

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Actuarial valuations, pensions and data insights

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Actuarial valuations are one type of support we offer to pension schemes clients. Pensions sector experts learned about GAD's key skills at a recent event.

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Half a million words analysed by AI

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We use AI to help government departments process consultation responses. This helps clients analyse responses submitted by people in industry and the public.

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Transparency data: Government Actuary's Department (GAD): spending over £25,000 2024

Government Actuarys Department File Picture

This web page details GAD's spend greater than £25,000 for the calendar year 2024.

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Scheme Actuaries

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GAD's Scheme Actuaries work with various schemes which cover thousands of members. We advise on a combination of factors to measure schemes' financial risk.

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Guidance: Staff transfers: public service pension schemes

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New and old Fair Deal policy, TUPE regulations, bulk transfers and broad comparability assessments; GAD support for public sector organisations.

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Visiting Vilnius

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GAD has extended its presence in the global social security community at a European meeting with a presentation on UK social security and pensions arrangements.

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Martin Clarke CB FIA, former Government Actuary

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A reflection on the life of the former Government Actuary, Martin Clarke, who has passed away after a period in hospital.

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Martin Clarke CB FIA

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A reflection on the life of Martin Clarke, the former Government Actuary, who has passed away after a period in hospital.

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Martin Clarke CB, former Government Actuary

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The former Government Actuary, Martin Clarke, has passed away after a period in hospital.

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Innovation loans GAD assesses commercial interest rates

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We provide analysis and advice on setting commercially equivalent interest rates, used by Innovate UK for loans to small and medium sized businesses.

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Transparency data: Government Actuary's Department (GAD): spending over £25,000 2024

Government Actuarys Department File Picture

This web page details GAD's spend greater than £25,000 for the calendar year 2024.

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Guidance: Public Service pensions: 2020 actuarial valuation reports

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This document provides guidance on access to the UK public service pension scheme 2020 actuarial valuation reports.

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Guidance: GAD webinars

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Public webinars hosted by the Government Actuary's Department (GAD).

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Transparency data: Government Actuary's Department (GAD): spending over £25,000 2024

Government Actuarys Department File Picture

This web page details GAD's spend greater than £25,000 for the calendar year 2024.

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Research: 2020 Valuation Civil Service Pension Scheme

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The Government Actuary's Department has completed a valuation of the Civil Service Pension Scheme as at 31 March 2020.

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Research: 2020 Valuation Police Pension Schemes (Scotland)

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The Government Actuary's Department has completed a valuation of the Police Pension Schemes (Scotland) as at 31 March 2020.

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Independent report: Personal Injury Discount Rate regulation features advice Scotland

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The Government Actuary’s Department’s response to the request for advice on the Scottish Personal Injury Discount Rate regulations.

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A “highly valued” and “strategic partner” GAD client feedback

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Clients award GAD 4.7 stars out of 5 for being highly valued. The findings are from our latest client feedback exercise which surveyed our clients about GAD.

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Research: GAD client feedback April 2023 to March 2024

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In the latest collection of client survey responses 98% of respondents rated GAD as highly valued.

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A “highly valued” and “strategic partner” GAD client feedback

Government Actuarys Department File Picture

Clients award GAD 4.7 stars out of 5 for being highly valued. The findings are from our latest client feedback exercise which surveyed our clients about GAD.

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Research: 2020 Valuation NHS Pension Scheme (England and Wales)

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The Government Actuary's Department has completed a valuation of the NHS Pension Scheme (England and Wales) as at 31 March 2020.

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Research: 2020 Valuation Judicial Pension Schemes

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The Government Actuary's Department has completed a valuation of the Judicial Pension Schemes as at 31 March 2020.

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Research: 2020 Valuation Teachers’ Pension Scheme (England and Wales)

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The Government Actuary's Department has completed a valuation of the Teachers’ Pension Scheme (England and Wales) as at 31 March 2020.

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GAD advises HM Treasury on climate scenarios

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GAD provided recommendations for HM Treasury's guidance on climate scenario analysis for government and public bodies. We looked at approaches for each factor.

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Research: 2020 Valuation Northern Ireland Civil Service Pension Scheme

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The Government Actuary's Department has completed a valuation of the Northern Ireland Civil Service Pension Scheme as at 31 March 2020.

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Research: 2020 Valuation Health and Social Care Pension Scheme

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The Government Actuary's Department has completed a valuation of the Health and Social Care (HSC) Pension Scheme as at 31 March 2020.

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Research: 2020 Valuation Local Government Pension Scheme (Northern Ireland)

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The Government Actuary's Department has completed a valuation of the Local Government Pension Scheme (Northern Ireland) as at 31 March 2020.

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