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What is the full actuarial methodology and assumptions, behind the proposed changes to Accident Compensation Corporation motorcycle levies; by whom, and when? and 1 other question

Answered 18171, 18177 (2026)
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Asked by

Ingrid Leary

Member for Taieri · Labour Party

Questions

  • 18171

    What is the full actuarial methodology and assumptions, behind the proposed changes to Accident Compensation Corporation motorcycle levies; by whom, and when?

  • 18177

    What is the full actuarial methodology and assumptions, behind the proposed changes to ACC motorcycle levies; by whom, and when?

Answered by

Hon Scott Simpson

Member for Coromandel · National Party · Minister for ACC

Answer

The actuarial methodology and all assumptions are detailed in the pricing report which was released publicly as part of the consultation process - www.shapeyouracc.co.nz/assets/Consult-docs/2024/20240630-Pricing-Report-2026-2028-Motor-Vehicles-Account-final.pdf. I am advised that the actuarial methodology and assumptions are determined by ACC’s Chief Actuary. The appropriateness of both the methodology and the assumptions is considered as part of the pricing basis prior to each consultation.