Opportunities for Actuarial Consultants with the Introduction of Old Pension Scheme (OPS)

Old Pension Scheme
18
Nov
2024

Opportunities for Actuarial Consultants with the Introduction of Old Pension Scheme (OPS)

Actuarial valuation of end-of-service benefits is essential for businesses managing employee obligations…

18
Nov
2024

Comparison of National Pension Scheme (NPS) and Old Pension Scheme (OPS)

Pension schemes play a vital role in securing financial stability after retirement. Both the National Pension…

Actuarial Valuation Supports Financial Stability in Enterprises
07
Jun
2024

How Actuarial Valuation Supports Financial Stability in Enterprises

Financial stability is crucial for businesses. One way to achieve this is through actuarial valuation. This process helps assess risks…

Employee Eligible for Gratuity Payment
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”…

employee benefits
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…

Actuarial valuation
26
Feb
2024

Applicability of Actuarial Valuation on Different Types of Leave Policies

Actuarial valuation plays a vital role in assessing the financial implications of various employee benefits, including leave policies…