Question : INSURANCE FUNDS



(a) whether the Department of Posts has proposed to appoint an actuarial consultant to value its various insurance funds;

(b) if so, the details thereof; and

(c) the purpose behind this proposal?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY (SHRI SACHIN PILOT)

(a) Yes, Madam.

(b) The engagement of the consulting actuary is in progress.

(c) The consulting actuary is required to evaluate the life funds and give expert advice.