Valuation of employee benefits and retirement plans
Performing statutory valuations (AS15 actuarial valuation, IAS19, US GAAP and other International Accounting Standards) of your organization's employee benefit schemes so that you stay in compliance with the regulatory standards and manage to plan for the future intelligently.
The main defined benefit plans for which we provide valuation services are
Gratuity actuarial valuation
Defined Benefit Pension Plans valuation
Actuarial valuation of Leave Encashment (Privilege/earned/sick/others)
Leave Availment valuation (Privilege/earned/sick/others)
Long Service awards valuation
Provident Fund valuation (in case of employer managed trusts)
Deferred Bonus/Benefits valuation
Post-Retirement Medical Benefit Schemes (PRMBS)
Any other like Warranty Cost/Rewards points accumulation etc.
We follow industry standard employee benefits valuation metrics which help an organization manage future expectations with preparation. We help you seamlessly manage the permutations and combinations that affect your future. We provide actuarial valuation of gratuity and other valuations so that you are able to fulfil the responsibilities of employee-employee relationship within the regulatory framework. We work within the parameters of the law to create perfect conditions that helps you manage employee expectations with ease.