Rising benefit costs continue to be a key challenge that employers face today as cited by a recent WTW survey. Moreover, the constant regulatory changes, including the likely implementation of labour codes could have a significant impact on the cost of providing retirement benefits in India.
The changing landscape of retirement and other long-term benefits in India has made it prudent for companies to monitor and continuously assess the costs of such benefits under IND AS 19.
In this context, WTW India recently conducted the "Managing employee benefit costs under IND AS 19" webinar on 23 February 2022 that discussed the potential implications on the actuarial liabilities under IND AS 19 due to recent regulatory changes. It also covered the key considerations while carrying out actuarial valuations of exempt provident funds under IND AS 19 in light of the draft Guidance Note 29 issued by the Institute of Actuaries of India.
The session was led by Ritobrata Sarkar, Head of Retirement, WTW and Senior Actuaries – Suranjan Banerjee and Divya Dadlani.
Please fill the form below to watch the webinar replay and download presentation slides.
