Valuation of social security funds required periodically under the Code on Social Security to assess assets and liabilities.

Each fund maintained by a Social Security Organisation or establishment must have a valuation of assets and liabilities made by a valuer or actuary appointed with the prior approval of the appropriate Government, with valuation intervals prescribed as annual for the Central Board, once every three years for Corporations, and as specified by the appropriate Government for other organisations, and with the Government empowered to direct different intervals where necessary.

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