ISO 9001 Certified in Valuation Advisory
ISO 9001 Certified in Valuation Advisory
As Hong Kong approaches the May 2025 transition, where the Mandatory Provident Fund (MPF) offsetting mechanism for Long Service Payments (LSP) has be abolished, companies face a significant shift in how they must calculate and report these liabilities. At Valtech Valuation, we believe that fulfilling these requirements is not merely a matter of data entry,
Employers can no longer use their portion of MPF contributions to offset Long Service Payments (LSP) for employment periods after this date, leading to a significant, unhedged liability on the balance sheet
Valtech provides trusted actuarial valuation for Hong Kong's LSP & DBO obligations. Gain clarity on employee benefit costs for better financial planning.
Discover how Valtech's advisory services can help you navigate LSP valuation amidst economic fluctuations.
PBO Valuation in Compliance with IAS 19 Valtech Valuation provides end-to-end PBO (Projected Benefit Obligation) valuations for defined-benefit pensions and Hong Kong long-service payment (LSP) schemes, fully compliant with IAS 19 / HKAS 19 (and ASC 715 where required). We pair rigorous actuarial modelling with transparent reporting. Our scope covers modelling (discount rates, salary
