29
May
2024
When is an Employee Eligible for Gratuity Payment?
Working long enough with a company will expose you to quite a few financial terms. One such common word is “gratuity”…
29
May
2024
Why is Actuarial Valuation Essential for Pension Funds?
For an employee, the cornerstone of their savings is none other than the pension funds. But in this context, one aspect which plays a critical…
29
May
2024
How Does Leave Encashment Work? Answers to Your Burning Questions on Leave Encashment
You must have noticed that when you join a company, there is a leave policy that you get to know about…
29
May
2024
How Actuarial Valuation Enhances Gratuities: A Comprehensive Guide
Businesses of all types and sizes need to know the rules for actuarial valuation of gratuity. This is especially necessary for the most common…
29
Mar
2024
Why Sick Leave Actuarial Valuation is Necessary for Organizations
Sick leave is a cornerstone of employee well-being. It grants employees time to recover from illness or injury without financial worry…
29
Mar
2024
The Impact of Financial Assumptions on Actuarial Valuation
Actuarial valuation relies on financial assumptions, which are crucial for accurate financial planning. These assumptions include variables…
29
Mar
2024
Planning for the Future: Actuarial Valuation and Leave Availing Strategies
Planning for the future is crucial for financial stability. Actuarial valuation plays a vital role in this planning, especially concerning leave…
29
Mar
2024
The Importance of Actuarial Valuation for Leave Encashment Plans
Organizations offer leave encashment policy as an employee benefit. This policy allows employees to convert their unused vacation…
29
Mar
2024
Gratuity Eligibility for Employees with Service Exceeding 4 Years 8 Months
The Payment of Gratuity Act, 1972 (the Act) serves as a foundation for employee gratuity in India. However, determining eligibility…
26
Feb
2024
Best Practices for Determining Duration of Liability in Discount Rate Setting
In actuarial valuation, determining the duration of liability for setting discount rates is important…
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