Adjusting the Ogden Reduction Factors to Reflect a Spectrum of Disability - Jack Harding, 1 Chancery Lane
08/10/14. In the context of a claim for future loss of earnings, for a number of years the Courts have been grappling with the thorny issue of when it is appropriate to adjust the reduction factors (RF) in Ogden tables A to D (contingencies other than mortality) to reflect the particular circumstances of the claimant and the relative severity, or modesty, of their disability.
Dr Victoria Wass, one of the actuarial experts who played a pivotal role in creating the tables, has been critical of previous attempts by the court to depart from the figures in the tables. In an article in 2013 she wrote that:
"RFs (reduction factors) provide the best available measure of the employment prospects for a typical member of each group. They are accurate as a measure of the group average but they are not likely to be accurate for any individual within that group. Imprecision is an inevitable consequence of scheduled damages. The alternative is an...
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