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Derek McMillan's blog
Friday, 11 February 2005
Actuarial calculation
Public sector unions are responding to the concerns of their members over the pensions robbery. The more people know about it, the more likely they are to be angered by it.

Also there is a freedom of information issue. The government's sums are based on a cynical calculation. Teachers who work to 65 will die younger and therefore cost less in pensions. The government must have access to actuarial calculations on this. They should be made public.
(This presupposes actuaries presenting the information in a form which mere mortals can understand of course!)

Posted by derekmcmillan at 4:43 PM GMT

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