Quantitative methods in social protection series- Actuarial practice in social security

The actuarial analysis of social protection schemes is a challenge that requires a delicate balancing act between the demographic, economic, financial, and actuarial fields. Actuarial Practice in Social Security addresses this challenge by providing a practical tool for actuaries to enhance and modernize their social protection systems while still maintaining this important balance. Offering a pragmatic and results-oriented approach, this volume presents technical material on valuation covering a wide-range of risks including old age, survivors, disability, sickness, maternity, employment injury, and unemployment. It offers a comprehensive, global picture of actuarial practice in social security and provides concrete examples of work done by actuaries in the field.