Employee Benefits (IAS 19) - Actuarial Society of India
Employee Benefits (IAS 19) - Actuarial Society of India
Employee Benefits (IAS 19) - Actuarial Society of India
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Defined Benefit Schemes• It may be monthly pension or lump sum• Calculated based on the salary and years<strong>of</strong> service• Pay is Final Pay or Average Pay• The actuary calculates the liability• Company bears the risk <strong>of</strong> meeting thefuture obligationwww.carajkumarradukia.com 25