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What does actuarial mean?

Looking for the meaning or definition of the word actuarial? Here's what it means.

Adjective
  1. Of or pertaining to actuaries.
  2. Relating to statistical calculation, especially pertaining to insurance.
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Examples
Projections of actuarial soundness based on forecasts of productivity growth run the risk of being very wrong.
Earlier today we noted a new actuarial memo put out by the Social Security administration.
The last actuarial valuation on its pension fund was undertaken more than two years ago.
Social Security reform has been a tough slog for the business lobby, normally more at home discussing golf outings than actuarial tables.
In determining the actuarial surplus in a pension fund, actuaries make key assumptions.
The actuarial valuation of a pension is based on a number of assumptions using statistics about future contingencies.

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