18
Nov
2024
Opportunities for Actuarial Consultants with the Introduction of Old Pension Scheme (OPS)
The re-introduction of the Old Pension Scheme (OPS) has sparked conversations and opportunities within the financial sector. For actuarial consultants, the Old Pension Scheme offers promising new…
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 Scheme (NPS) and the Old Pension Scheme (OPS) have been prominent retirement…
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 and predict future financial outcomes. Here, we will explore how actuarial valuation supports financial stability in enterprises. What is Actuarial …
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”. Although, it might sound fancy for a lot,it actually refers to a kind of monetary benefit some employees receive. …
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 for employees with service exceeding four years but falling short of the five-year threshold can be complex. The landmark case …
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. These policies encompass different types, such as annual leave, sick leave, and maternity/paternity leave. Actuarial valuation helps organizations understand the present and …
Call Us
Whatsapp Us