When we talk abou employee benefits there are many things come in our mind liek leave encashment, graduity, post retirement plan, pension scheme etc. Liability is generally required to the value for the liability and expense which will because of gratuity and leave encashment that will be beneficial for the employees. it’s benefit to employee as many types:

  • Leave encashment actuarial valuation
  • Provident Fund
  • Pension plan
  • Provision for leave encashment actuarial valuation of liability
  • Compensated absences
  • Bonus plan
  • Vacation leave

Result of actuarial valuation as per provision of AS 15:

  • Benefits in balance sheet of company
  • Benefits in company’s P&L account

Ranadey Consultant Pune based actuarial consulting company in India provide the services to employee for getting the benefits in leave encashment, gaduity of their liability. Contact us, we provide the quick services to our clients.