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Retirement Forecasting. Evaluation of Models Shows Need for Information on Forecast Accuracy. Volume I. Report to the Chairman, Subcommittee on Social Security and Income Maintenance Programs, Committee on Finance, United States Senate.
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General Accounting Office, Washington, DC. – 1986
The Government Accounting Office (GAO) reviewed 71 actuarial, behavioral, and economic models that are used for retirement forecasting, focusing on models of federal retirement program costs, civilian retirement decisions, and retirement income. GAO wished to determine to what extent the models have been documented, to what extent the models are…
Descriptors: Data Interpretation, Decision Making, Income, Mathematical Models