Update of the Government Actuary’s Quinquennial Review of the National Insurance Fund as at April 2000
Update of the Government Actuary’s Quinquennial review of the National Insurance Fund as at April 2000
PDF, 71.7KB, 13 pages
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Under legislation the Government Actuary is required to carry out a review of the finances of the National Insurance Fund of Great Britain every 5 years.This is known as the Quinquennial review (QR) and its main purpose is to estimate the contribution rates required to be paid to the National Insurance Fund in future years in order to meet expenditure on a pay-as-you-go basis.