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Ogden tables

Actuarial tablesĀ (with explanatory notes) prepared by the Government Actuary's Department to calculate lump sum compensation for those who have suffered future loss or consequential expenses, most commonly in personal injury and fatal accident cases. The tables set out multipliers which enable the user to assess the present capital value of future annual losses (net of tax) or annual expenses calculated based on various assumptions. The multipliers are calculated to allow for the effects of various factors, including future inflation, interest rates and life expectancy. While the Ogden Tables are not the only way of calculating and estimating future losses, they are commonly relied upon by the courts.