Understanding Leave Liability Valuation Under AS-15: What Data Do I Need and Who Can Help in Delhi?

Actuarial Valuation of Leave Liability Under AS-15 Revised

Please help me to understand what the valuation of leave liability entails. How can the actuarial valuer assist me with this process? What kind of data is necessary for preparing this report? Does anyone have contact details in Delhi for assistance with the same?

The actuarial valuation of leave liability under AS-15 Revised involves assessing the present value of employee benefits such as earned leave, sick leave, and other compensated absences that employees are entitled to in the future. Actuarial valuers use statistical models and financial calculations to estimate the amount a company needs to set aside today to meet these future obligations. To assist with this process, the actuarial valuer can provide expertise in data analysis, risk assessment, and financial forecasting.

The data necessary for preparing this report typically includes:
- Employee headcount and demographics
- Leave policies and entitlements
- Historical leave utilization patterns
- Discount rates and inflation assumptions
- Employee turnover rates
- Any changes in legislation or company policies affecting leave liabilities

For assistance with actuarial valuation in Delhi, you can reach out to professional actuarial firms or consultants specializing in employee benefits and pension valuation. Conducting a search online or through professional networks can help you find reputable professionals in Delhi who can support you in this process.