皇冠体育app

皇冠体育app latest population projections, which the Government Actuary鈥檚 Department (GAD) often uses in its work, were published on 12 January 2022.

皇冠体育app 2020-based are published by the Office for National Statistics. 皇冠体育app projections provide an indication of how the population size and age structure of the UK and its constituent countries may develop in the future. 皇冠体育appy include adjustments in the short-term to reflect the impact of the COVID-19 pandemic.

Modelling and research

This information is used by government departments and public sector bodies to help with modelling and decision-making. In GAD, we often use these projections in our work including in:

• pension scheme valuations, where we allow for scheme-specific current mortality rates combined with an assumption about how mortality rates might improve in the future
• actuarial factors for pension schemes, used in the calculation of member benefits such as early retirement pensions
• analysis of the National Insurance Fund including annual Up-rating Reports
• the government鈥檚 regular State Pension age review, the latest of which was launched in December 2021

Analysis and review

More detail, including a summary of the projection鈥檚 key findings, is available in the latest GAD Technical Bulletin.