Skip to content

Data Requirements- Actuarial Valuations

Data is key to any actuarial valuation. One need to have reconciled Data to arrive at the proper estimate for the liabilities.

Scheme Details

Whether Scheme is funded? Non-funded? and other related questions

Company’s benefit policies – retirement age, benefit vesting rights are the key to determine the value of the liabilities

Employee information

Minimum information would consist of:

  • Employee Identifier
  • Date of birth – age
  • Date of Joining
  • Attrition rates etc.

Asset information

If the scheme is funded then information regarding the assets are required.

  • Investment policy
  • Value of Assets held
  • Income/interest/dividends earned during the year
  • Expenses incurred during the year etc.

Leave a Reply

Your email address will not be published. Required fields are marked *