Saturday, February 1, 2014

Employee Benefits Valuation

Employee Benefits Valuation by M.L Sodhi (Consulting Actuary)





About M.L.Sodhi

M.L. Sodhi is a consulting Actuary. He is a Fellow Member of Institute of Actuaries of India (Fellow Membership Number – 00178) . For the last 14 years his main activity is to provide actuarial valuations in compliance of Indian GAAP AS 15 (R), US GAAP-FAS 87, 88 &158, International Accounting Standard (IAS-19 & IFRS). The Plans covered for this purpose are:-
  • Actuarial valuation of Gratuity Plans.
  • Actuarial valuation of Leave Encashment Plans.
  • Actuarial valuation of Defined Benefit Pension Plans.
  • Actuarial valuation of Post Retirement Medical Benefit Plans.
  • Actuarial valuation of Settlement Allowances on Retirement.
  • Actuarial valuation of Long Service Award Plans/Incentive Plans.
  • Actuarial valuation of Interest Rate Guarantee for Exempted Provident Funds.
  • Actuarial valuation of any other Defined Benefits not covered above.

Some of the main points about the brief of M.L. Sodhi, his work experience, his clients etc. are:-
  • His Human Resources & Infrastructure:- He is supported by a team of highly skilled personnel equipped with the expertise-statistical, actuarial and analytical essential to meet the changing needs ofAccounting Standards. His human resources are his strength and  asset. He has a office with adequate Infrastructure(Computer Hardware).

  • His Work Experience:- His work experience is spread over a span of more than five decades. He started his career as an assistant with Life Insurance Corporation of India in the year 1957 and had a steady progress in various cadres starting from the level of Assistant Administrative Officer andgoing up to the level of Senior Divisional Manager. He retired from the LIC when he was functioning asVice Principal of Zonal Training Centre at Gurgaon. He has also worked as Actuary to CGU Life Insurance Company (a joint venture) . He has also been a Visiting Faculty with some well established Institutes and Academies .
  • His Present Clients:- His clients are spread almost in all sectors of the Indian Economy.Multinational Companies with their activities overseas are also in his list. His clientele includes Public & Private Sector Companies, Manufacturing, Software, Technology & Electricity Companies, Banks, Educational Institutes, Hotels, Hospitals and  Hospitality Companies etc. etc.

  • His Terms & Conditions:- All services provided by him are subject to terms & conditions stated when a job is accepted.

Contact Us

M. L. SODHI (CONSULTING ACTUARY)

Fellow of the Institute of Actuaries of India,
(Fellowship Number 00178)

OFFICE ADDRESS :

101, SHAHPURI’S TIRATH SINGH TOWER,
C-58, COMMUNITY CENTRE, JANAK PURI,
NEW DELHI – 110058
Phone - Off  : (+91-011) - 45502548
Mobile No.  : 09312723424, 09212381304
Email : mlsodhi@yahoo.co.in, mlsodhi@satyam.net.in
Website  : www.mlsodhiactuary.com


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