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FADRI CHAIRS ASP EMPLOYEE BENEFITS COMMITTEE

 

Lyndon F. Fadri, ActuarialExponents' chief consultant was appointed chairman of the Employee Benefits Committee of the Actuarial Society of the Philippines. The committee handles issues and studies relative to employee benefits particularly retirement programs, group life insurance and medical programs.

 

The committee intends to conduct a seminar on the Amended IAS 19 to its members,  review the study notes on employee benefits accounting and coordinate with the Bureau of Internal Revenue for faster approval of retirement plans submitted for tax-qualification.