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TH
Pension Level: Intermediate to Advanced

Pension & Employee Benefits

คณิตศาสตร์บำนาญและผลประโยชน์พนักงาน (TAS 19 / IAS 19)

Master the Projected Unit Credit (PUC) method, demographic & economic assumptions, and actuarial valuation of post-employment liabilities under TAS 19 / IAS 19.

Defined Benefit Obligation (Projected Unit Credit)
DBO=∑t=1TBt⋅tpx⋅qx+t(r)(1+i)tDBO = \sum_{t=1}^{T} \frac{B_t \cdot {}_t p_x \cdot q_{x+t}^{(r)}}{(1 + i)^t}

Course Registration & Inquiry

Available as individual mentorship, group cohort, or in-house corporate training tailored to your team's dataset.

Lecturer Yodharin Monplub
Format Online / On-site / Hybrid
Prerequisites Basic Statistics / Excel
Enroll via LINE (@actuarialtutor) Email Course Inquiry

Comprehensive Course Syllabus & Learning Modules

1

1. Overview of Pension & Employee Benefits (ภาพรวม)

  • Defined Contribution (DC) vs Defined Benefit (DB) schemes
  • Legal severance pay requirements under the Thai Labour Protection Act (Section 118)
  • Provident funds, long-service awards, and post-employment medical benefits
2

2. Actuarial Principles for Pension Valuation (หลักการคณิตศาสตร์)

  • Time value of money and yield curve selection for high-quality corporate bonds / government bonds
  • Demographic decrement rates: mortality (TMO), resignation (turnover curves), disability, retirement
  • Economic assumptions: salary growth rate, inflation rate, discount rate
3

3. Employee Benefit Liability Valuation (การประเมินภาระผูกพัน)

  • Projected Unit Credit (PUC) method mathematical derivation
  • Defined Benefit Obligation (DBO) computation
  • Attribution of benefits to past vs future periods of service
4

4. Accounting Standards: TAS 19 & IAS 19 (มาตรฐานบัญชี)

  • Current Service Cost and Past Service Cost recognition
  • Net Interest Expense calculation on the net defined benefit liability
  • Remeasurements of the net defined benefit liability in Other Comprehensive Income (OCI)
  • Actuarial gains and losses from experience adjustments and changes in financial/demographic assumptions
5

5. Sensitivity Analysis & Disclosure (การวิเคราะห์ความอ่อนไหว)

  • Mandatory financial statement footnote disclosures
  • Sensitivity testing: +/- 1% discount rate, +/- 1% salary increase rate, +/- 10% turnover rate
  • Maturity profile analysis of expected benefit payments
6

6. Workshops (การฝึกปฏิบัติ)

  • Building a comprehensive TAS 19 valuation spreadsheet model from raw employee census data
  • Preparing official Actuarial Valuation Reports for external auditor sign-off