The ever-evolving landscape of retirement and other long-term benefits in India has made it pertinent for companies to monitor and continuously assess the costs of such benefits under IND AS19. Further, employers are having to keep pace with constant regulatory updates seen in the last few years, e.g. Supreme Court Judgement on higher (EPS) pension, the impending Labour Codes, or the recent Karnataka Government notification on gratuity insurance. With the actuarial valuation cycle round the corner for FY24, WTW hosted a webinar to touch upon some of these topics.
WTW conducted this webinar on 29 February 2024 where we will delved into the following key areas:
- Overview of the latest updates, trends, and regulatory developments in the Retirement Benefits space in India
- Importance of setting appropriate assumptions for actuarial valuations, along with key findings from the WTW Assumptions Study 2023, covering over 700 companies in India
- Revisiting the IND AS19 disclosure requirements along with a thorough analysis of actuarial gains and losses
- Insights into recent notification on mandatory Gratuity Insurance issued by the State of Karnataka
Please fill the form on the webpage to view the on-demand webinar.
For more information, please write to us at wtwindia@wtwco.com.
