UAE Federal Decree-Law No. 33 of 2021 | IFRS / IAS 19 Compliant
Company / Entity
Valuation Parameters
Set actuarial assumptions for the Projected Unit Credit calculation
Reporting Details
Valuation / Balance Sheet Date
Reporting Currency
Prepared By
Report / Financial Year
Financial Assumptions
Discount Rate (% p.a.) — IAS 19.83
Salary Escalation Rate (% p.a.)
Inflation Rate (% p.a.)
Demographic Assumptions
Employee Attrition / Withdrawal Rate (% p.a.)
Normal Retirement Age (years)
Regulatory Framework (Fixed)
Benefit FormulaUAE Labour Law (Art. 51)
First 5 Years21 calendar days / year
Beyond 5 Years30 working days / year
Maximum Cap24 months basic salary
Valuation MethodProjected Unit Credit (PUC)
Discount BasisUAE Govt bonds (IAS 19.83)
ⓘ Auditor Note:
Discount rate should reference market yields on AED-denominated UAE government bonds at the balance sheet date, as no deep corporate bond market exists in the UAE (IAS 19.83). Salary escalation and attrition are management estimates, subject to annual review and approval. The benefit is calculated using monthly basic salary / 30 × statutory gratuity days, capped at 24 months of basic salary.
Employee Census Data
Enter employee census details manually or upload an Excel file. Exit Date blank = continuing employee; Exit Date filled = employee exited during/before the year.
Upload Employee Excel
Required/accepted columns:
Employee IDNameDOBDOJMonthly Basic SalaryExit DateOpening DBO.
Opening DBO is optional but recommended for roll-forward from prior valuation.
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No valuation run yet. Enter data and click "Run Actuarial Valuation".