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Demographic and economic assumptions used in actuarial valuations of social security and pension schemes
Demographic and economic assumptions used in actuarial valuations of social security and pension schemes
The results of an international survey of assumptions applied for making demographic and economic projections will be presented, together with the implications of the assumptions for the labour force and economic variables such as real employment earnings and GDP growth.

In the future, most countries will experience population ageing as a result of sustained periods of low birth rates and rising life expectancies. These demographic changes will have a significant impact on the revenues and expenditures of social security schemes.

The results of an international survey of assumptions applied for making demographic and economic projections will be presented, together with the implications of the assumptions for the labour force and economic variables such as real employment earnings and GDP growth.

Report:
2a-ACT.pdf 833.64 kB

Author: François Boulanger, Actuary/Charles Cossette, Actuary/Gilbert Ouellet, Economist, The Quebec Pensions Board, Canada
ISSA, 2007
Topics: Demographic changes, Old age / Survivors, Administration & management
Events: World Social Security Forum 2007
Regions: International
Language: English

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