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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Example <strong>of</strong> Defined Benefit• The company agrees to pay 6% <strong>of</strong> theirfinal salary for each year <strong>of</strong> service or• The company agrees to provide a lumpsum amount, amounting to 5 times <strong>of</strong> thefinal salaryWhere any scheme does not fall within therules <strong>of</strong> Defined Contribution itautomatically falls under Defined Benefitwww.carajkumarradukia.com 26