WHAT WE DO
Life Insurance
General Insurance
Health Insurance
Banking
Employee Benefits
Social Security
Asset Matching & Selection
Enterprise Risk Management
Data Science & Analytics
Phone:
+971 4 876 8530Email:
info@luxactuaries.com
Employee benefits actuaries value and advise on workplace benefit programmes, from defined benefit pensions and end-of-service gratuities to share-based payment plans like LTIPs and ESOPs. Their work covers valuations under international reporting standards, funding strategy, and modelling how plan design changes affect both employer costs and employee outcomes.
Our Employee Benefits team provides the following services:
Lux has many years' experience advising Employers and Trustees on private and public sector pension schemes.
Our expertise in these employee benefits schemes covers:
Cabinet Resolution 96 of 2023 started the process in the UAE of End of Service Savings Schemes replacing End of Service (Gratuity) Benefit Schemes. Lux Actuaries Financial Consulting, a CMA-licensed Financial Consultancy, can guide you through this transition.
Share-based payments are effective tools for aligning employee incentives with long-term company performance. We provide actuarial and advisory services for Long-Term Incentive Plans (LTIPs), Employee Stock Purchase Plans (ESPPs), and Employee Stock Ownership Plans (ESOPs).
Our actuarial services for share-based payments include:
We perform actuarial valuations of all types of employee benefits under international reporting standards (IAS 19, IFRS 2, and US GAAP), covering pension liabilities, end-of-service obligations, and share-based compensation.
For dedicated IAS 19 valuation services, visit our IAS 19 Employee Benefits Valuation solution page.