1. bookVolume 13 (2019): Issue 1 (December 2019)
Journal Details
License
Format
Journal
eISSN
2668-3989
First Published
30 Sep 2019
Publication timeframe
1 time per year
Languages
English
access type Open Access

Actuarial Assumptions for Employees Benefits

Published Online: 07 Feb 2020
Volume & Issue: Volume 13 (2019) - Issue 1 (December 2019)
Page range: 1 - 8
Journal Details
License
Format
Journal
eISSN
2668-3989
First Published
30 Sep 2019
Publication timeframe
1 time per year
Languages
English
Abstract

Entities that have assumed the obligation to provide benefits to employees both during employment and post-employment, in accordance with international regulations, in particular IAS 19 “Employee benefits”, have the obligation to present to users’ financial payments and rights related to employees. The evaluation of the employees’ benefits is based on actuarial techniques and on professional judgments that require the highlighting of the arguments underlying the identification and establishment of the actuarial hypotheses. To achieve this objective, we conducted research on how to select actuarial assumptions in the process of determining the benefits of employees in an entity in the energy field. The conclusions established highlight the role of the actuarial assumptions chosen in establishing the managerial vision on the obligations to be estimated for the personnel expenses, both present and in the future, in the context of the unpredictable evolution of the dynamics of the employees, as well as of economic circumstances created by constantly changing wage policies.

Keywords

JEL Classification

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