For example, the public has been misled by the too-conservative actuarial projections of the Social Security actuaries; the program is in much better shape than we have been led to believe.
The political trustees, with the complicity of Social Security's actuaries, have manipulated the long-term actuarial projections to generate a 2percentt deficit.
But the quickening pace of change was driven home by an Associated Press report that blended statistics from the Department of Veteran Affairs with actuarial projections.
There are myriad plans for all the different public-employee unions, various contribution formulas for each one and actuarial projections that require an advanced degree to unravel.
True, most cops retire after 20 years; a police officer retiring today at age 42 after 20 years of service will collect $1.75 million in pension payments, based on actuarial projections.
But in the last 2 years estimated premium impact for all types of policies converged to approximately two times projected claims at 0.06 to 0.18%% of overall average premiums indicating a maturing of the actuarial projections of lymphedema impact on premiums.
After 2037, Bowles and Simpson point out, actuarial projections show, the trust fund supplementation will end, the program will be able to pay olnly 78% of promised benefits.
Lew does point out that "actuarial projections" indicate that plans that cover birth control are lower cost than those that don't, which makes sense, considering the fact that pregnancy is expensive.
Actuarial projections of the cumulative incidence of Grade ⩾2 bowel and bladder complications are shown in Figure 4A D.
For instance, typical demographic and actuarial projections of mortality and life expectancy rely on extrapolations of past trends in demographic indicators with no attention paid to disease epidemiology and how chronic disease is expanding over time (24).
The actuaries' projections are the gold standard -- not CBO, which has only been producing projections of Social Security's long range for just a little more than a decade and lacks the necessary actuarial expertise.¹.
