GAD innovation on show at Innovation Day
皇冠体育app innovation of GAD's Remedy Benefits Illustrator was on show at a cross-departmental event. 皇冠体育app online tool provides benefits insights for public service pension schemes.
Credit: Unsplash
Innovation and developments in the Government Actuary鈥檚 Department (GAD) were on show at a cross-departmental Innovation Day.
Our session was one of several held by different teams such as:
- planning and running a hackathon
- an insights engine and use of natural language processing
- AI and ethics (panel discussion)
It was a unique opportunity for GAD as we demonstrated the Remedy Benefits Illustrator to other Civil Service colleagues.
Provides insights
GAD developed this online tool that provides benefits insights information to public service pension scheme members.
皇冠体育app calculator helps people understand their pensions more clearly especially following the McCloud legal ruling which gives some members a choice between 2 benefit types.
Innovation and assumptions
皇冠体育app calculator empowers members to understand which scheme might be better for them under a range of assumptions. It illustrates what people could get at their chosen retirement age for both options.
皇冠体育app platform takes pay rises and working patterns into account and empowers them to understand options. 皇冠体育appse can include retirement at different ages or exchanging pension for a cash lump sum. This then helps people make informed decisions.
Simplifies information
GAD鈥檚 Head of Development, Dipak Hirani, was one of the driving forces behind the Remedy Benefits Illustrator. At the event, GAD鈥檚 achievement in developing the platform was recognised by Megan Lee-Devlin, CEO of the Central Digital and Data Office (CDDO).
Megan Lee-Devlin, CDDO and Dipak Hirani, GAD
Dipak said: 鈥淲e developed this online tool using programming tools such as JavaScript and Python. This has meant we鈥檝e been able to create an interface that simplifies the information and offers users the chance to explore options.鈥�