Our Policy group Gratuity scheme.
1) 10 emp.,
2) 47.30 Average Age,
3) 8533.70 Average Monthly Salary
4) 20.80 Average past service
5) Rs.997598 PV Of Past service benefit
6)Rs.47264/- current Service cost.
7)Rs.1487271/- total service Gratuity.
8) Rs.1017827/- Accrued Gratuity.
9)Rs.469444/-LCSA
10) Rs. 874438/-Fund value as on renewal date
Please calculate Annual gratuity premium
1) 10 emp.,
2) 47.30 Average Age,
3) 8533.70 Average Monthly Salary
4) 20.80 Average past service
5) Rs.997598 PV Of Past service benefit
6)Rs.47264/- current Service cost.
7)Rs.1487271/- total service Gratuity.
8) Rs.1017827/- Accrued Gratuity.
9)Rs.469444/-LCSA
10) Rs. 874438/-Fund value as on renewal date
Please calculate Annual gratuity premium