Actuarial valuation of gratuity Bangalore

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An actuarial valuation is a mathematical analysis performed using various inputs and assumptions in order to estimate a future liability or asset as of a different point in time, typically at the company’s year-end date. Examples are establishing the liability of a defined benefit pension plan or other post-retirement benefit, a self-funded workers’ compensation or malpractice insurance plan. The assumptions used are generally derived from long-term data and based on a mix of statistical information and previous experience. Professional actuaries should be engaged to assist companies with this analysis.

Posted on : 03/11/2018, #, Edit

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