Milliman has published its first annual study of the gratuity obligations among information technology (IT) companies in India to report the major trends with regard to these obligations. The main aim of the study is to educate and create awareness about the state of employer-sponsored retirement programs and foster a healthy dialogue among policy builders, employers, employees, and the general public about the future of retirement plans in India. The analysis focuses on the 10 IT companies listed in the BSE 200 index as of 31 December 2012.