We carry out actuarial valuations and prepare detailed accounting disclosures for a range of post-employment and other long–term employee benefits under various accounting standards such IND AS 19 / IAS 19, AS 15R and US GAAP. We value the following benefits:
Post-Employment Benefits
- Gratuity
- End of Service Award (For clients located in the Middle-East)
- Pension Schemes
- Post-retirement Medical Benefits
- Provident Fund Schemes
Other long-term Employee Benefits
- Compensated Absence
- Jubilee / Long-service awards
- Long Term Incentive Plans
- Death Benefits
With a strong understanding of the drivers of your liability, and how these interact with the ever-changing market conditions, we also carry out funding valuations to fulfil the funding objectives of the company / trustees and provide advice on the most tax-efficient options through which the liabilities can be funded and benefits secured for the employees.
We also assist companies to plan and take critical management decisions through our consulting services:
Assumptions
& Sensitivities
Funding
Advice
Benefit
Design
