The Office of the Chief Actuary is a government agency that has responsibility for actuarial estimates regarding social welfare programs. In Canada, the Office of the Chief Actuary works with the

Canada Pension Plan The Canada Pension Plan (CPP; french: Régime de pensions du Canada) is a contributory, earnings-related social insurance program. It forms one of the two major components of Canada's public retirement income system, the other component being Old ...

and the

Old Age Security The Old Age Security (OAS) (SV; french: Sécurité de la vieillesse) program is a universal retirement pension available to most residents and citizens of Canada who have reached 65 years old. This pension is supplemented by the Guaranteed Income ...

Program. In the United States, the

Social Security Administration The United States Social Security Administration (SSA) is an Independent agencies of the United States government, independent agency of the Federal government of the United States, U.S. federal government that administers Social Security (United ...

has an Office of the Chief Actuary that deals with

Social Security Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specificall ...

, and the

Centers for Medicare and Medicaid Services The Centers for Medicare & Medicaid Services (CMS), is a federal agency within the United States Department of Health and Human Services (HHS) that administers the Medicare program and works in partnership with state governments to administer M ...

have an Office of the Actuary that deals with Medicare and

Medicaid Medicaid in the United States is a federal and state program that helps with healthcare costs for some people with limited income and resources. Medicaid also offers benefits not normally covered by Medicare, including nursing home care and pers ...

. A similar agency in the United Kingdom is called the

Government Actuary's Department , type = Non-ministerial government department , logo = Actuary.svg , logo_width = 150px , logo_caption = , picture = , picture_width = , picture_caption = , formed = , dissolved ...

(GAD).

United States

Social Security Administration

In the U.S., the Office of the Chief Actuary at the Social Security Administration plans and directs a program of actuarial estimates and analyses relating to SSA-administered retirement, survivors and disability insurance programs and to proposed changes in those programs. It evaluates operations of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund, conducts studies of program financing, performs actuarial and demographic research on social insurance and related program issues, and projects future workloads. In addition, the office is charged with conducting cost analyses relating to the

Supplemental Security Income Supplemental Security Income (SSI) is a means-tested program that provides cash payments to disabled children, disabled adults, and individuals aged 65 or older who are citizens or nationals of the United States. SSI was created by the Social Se ...

(SSI) program, a general-revenue financed, means-tested program for low-income aged, blind and disabled people. The Office provides technical and consultative services to the Commissioner, to the board of trustees of the Social Security Trust Funds, and its staff appears before Congressional Committees to provide expert testimony on the actuarial aspects of Social Security issues. , the Chief Actuary of the Social Security Administration is

Stephen Goss Stephen Goss (born 2 February 1964) is a Welsh composer, guitarist and academic. His compositional output includes orchestral and choral works, chamber music, and solo pieces. His music draws freely on a number of styles and genres. He is particul ...

References

External links

Office of the Chief Actuary
Canada
Office of the Chief Actuary
Social Security Administration, U.S.

Centers for Medicare and Medicaid Services, U.S. {{ssusa Actuarial science Medicare and Medicaid (United States) Social security in the United States Social security in Canada