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IDN-2002-R-63178
Breadcrumb
Title_of_text
Funding and Solvency of Pension Fund of Job Provider (Decree of Minister of Finance No. 510/KMK.06/2002).
Main Region
First Region
Country(ies)
Indonesia
Subjects (Classification)
Old-age, invalidity and survivors benefit
Adopted on (Date of text)
2002-12-04
Scope of text
National
Type of legislation (Type of text)
Regulation, Decree, Ordinance
Second Region
Abstract/Citation
Seeks to ensure continuity of income of participants of pension fund at retirement, and of rightful parties at death of participants. Divided into 7 parts. Part 1 contains general provisions. Part 2 provides for responsibility of founder for funding of pension fund. Part 3 makes provision for funding of pension programmes with exact contributions; Part 4 for funding and solvency of pension programmes with exact benefit. Part 5 regulates actuarial report and actuarial statement. Part 6 provides for lumpsum payment, transfer of fund and change in programmes. Part 7 contains final provisions.
Serial region
Serial title
Business News
Date
2003-01-29
Number
No. 6867
Page range
pp. 2A-8A