Moqhaka Local Municipality has published advertisement: post-employment medical aid benefits and long service awards the municipality request the services of a service provider to perform actuarial valuations of the post-retirement medical aid benefits liability and the long service awards liability of the municipality in line with the requirements of international accounting standards 19 (ias 19) as well as actuarial practice note 301 (apn 301) of the actuarial society of south africa and will also be in line with the principles outlined in generally recognised accounting practice 25 (grap 25). the valuation reports should be signed off by a fellow member of the actuarial society of south africa the aim of the valuation reports is to enable the municipality to raise appropriate provisions in its annual financial statements. the valuation reports will contain the following: introduction and summary of results , analysis of changes in membership over the valuation period , liability to the municipality in respect of employee benefit arrangements , medical contributions table , projected expense in respect of employee benefits in the year following the valuation date , expected change in the accrued liability over the year following the valuation date , post-employment medical subsidy benefits valued , valuation methods and valuation assumptions , valuation results , sensitivity analysis to demonstrate the variability of the results to changes in the more important assumptions used , reconciliation of results to previous valuation , conclusion and recommendations. the municipality has the following 1. a total of 837 employees qualify for long service awards, 2. a total of 51 pensioners qualify for post-employment medical aid benefits,, moqhaka. Bidders can get complete Tender details and download the document.