Indonesia > Social security (general standards)

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Regulation of the Ministry of Manpower No. 5/2021 concerning Procedures for the Implementation of Work Injury Benefit, Death Benefit and Old-Age Benefit Programs.

Adoption: 2021-03-31 | IDN-2021-R-111572

Repeals Minister of Manpower Regulation Number 26 of 2015, Number 44 of 2015 and No. 1 of 2016

Indonesia - Social security (general standards) - Law, Act

Law on Health Care (No. 6/2018). (Undang-Undang Tentang Kekarantinaan Kesehatan) -

Adoption: 2018-08-07 | IDN-2018-L-109278

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Government Regulations No. 44 of 2015 concerning the Organization of Occupational Accident Insurance and Death Benefits. -

Adoption: 2015-06-30 | Date of entry into force: 2015-07-01 | IDN-2015-R-103082

Indonesia - Social security (general standards) - Law, Act

Social Security Organizing Agency Law (Law No. 24/2011). (Undang-Undang Tentang Badan Penyelenggara Jaminan Sosial) -

Adoption: 2011-11-25 | IDN-2011-L-91169

Establishes the Social Security Organizing Agency. Its role is to organize the social security program.

Chapter I - General Provisions
Chapter II - Formation and Scope
Chapter III - Status and Location
Chapter IV - Function, Duties, Authorities, Rights and Obligations
Chapter V - Member Registration and Contribution Payment
Chapter VI - Organ of BPJS
Chapter VII - Requirements, Procedures for Election and Appointment, and Termination of Members of Board of Trustees and Members of Board of Directors
Chapter VIII - Accountability
Chapter IX - Supervision
Chapter X - Asset
Chapter XI - Dissolution of BPJS
Chapter XII - Dispute Settlement
Chapter XIII - Relation with Other Institutions
Chapter XIV - Prohibition
Chapter XV - Criminal Provisions
Chapter XVI - Other Provisions
Chapter XVII - Transitional Provisions
Chapter XVIII - Concluding Provisions

According to article 69 of the Law, Law No. 3 of 1992 concerning employees' social security (JAMSOSTEK) is to remain in force until the Labour Affairs the Social Security Organizing Agency (BPJS) begins operating as defined under article 64 of this Law. At this time, JAMSOSTEK is to be revoked and considered null and void.

Indonesia - Social security (general standards) - Law, Act

Law on the Handling of the Poor and Needy (Law No. 13/2011). (Undang-Undang Tentang Penanganan Fakir Miskin) -

Adoption: 2011-08-18 | IDN-2011-L-91167

The law is aimed at the State's obligation to assist those living in poverty as is set out in the Constitution. This Law consolidates the provisions that deal with poverty in other laws and sets out measures to improve the situation of those living in poverty. The Law Contains 9 chapters:
Chapter I - General Provisions
Chapter II - Rights and Responsibilities
Chapter III - The Handling of the Poor and Needy
Chapter IV - Task and Authority
Chapter V - Resources
Chapter VI - Coordination and Supervision
Chapter VII - Public Participation
Chapter VIII - Criminal Provisions
Chapter IX - Conclusion

Upon entry into force of this law, other Laws dealing with poverty remain valid unless they contradict this Law.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Financial Solvency of the Organizing Board of Civil Servant Old-Age Saving Program (Regulation of the Minister of Finance No. 79/PMK.010/2011).

Adoption: 2011-04-12 | IDN-2011-R-91165

Provides for the solvency of the Board to assure the fulfillment of rights of participants.

Repeals Minister of Finance Decree No. 491/KMK.06/2004 on the implementation of program and management of assets of old-age saving by PT Taspen (Persero).

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Guidance for Implementatio of Rice for Poor Families Program (RASKIN) Year 2011 8Regulation f the Governor of Jakarta Capital City Special Region No. 24 of 2011).

Adoption: 2011-02-17 | IDN-2011-R-91166

Indonesia - Social security (general standards) - Law, Act

Housing and Resettlement Area Law (Law No. 1/2011). (Undang-Undang Tentang Perumahan Dan Kawasan Permukiman.) -

Adoption: 2011-01-12 | IDN-2011-L-91065

CHAPTER I - General Provisions
CHAPTER II - General, Purpose, and Scope of Application
CHAPTER III - Construction
CHAPTER IV - Duties and Authorities
CHAPTER V - Housing Maintenance
CHAPTER VI - Maintenance of Resettlement Areas
CHAPTER VII - Maintenance and Repairs
CHAPTER VIII - Prevention and Enhancement of the Quality of Slum Housing and Slum Resettlement
CHAPTER IX - Land Provision
CHAPTER X - Funding and Financing System
CHAPTER XI - Rights and Obligations
CHAPTER XII - The Role of the Community
CHAPTER XIII - Offences
CHAPTER XIV - Dispute Settlement
CHAPTER XV - Administrative Sanctions
CHAPTER XVI - Criminal Offences
CHAPTER XVII - Transitional Provisions
CHAPTER XVIII - Final Provisions

At the time of this Law into force, Law No. 4/1992 on Housing and Settlement (State Gazette of the Republic of Indonesia of 1992 No. 23, Supplement to State Gazette of the Republic of Indonesia No. 3469) is revoked and declared void.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Seventh Amendment to Government Regulation No. 14 Concerning the Performance of Manpower Social Security Program (Government Regulation No. 84 of 2010). (Perubahan Ketujuh Atas Peraturan Pemerintah Nomor 14 Tahun 1993 Tentang Penyelenggaraan Program Jaminan Sosial Tenaga Kerja) -

Adoption: 2010-12-20 | IDN-2010-R-91069

Amends Annex II of the Regulations concerning the amount of occupational accident compensation and provides a list of compensation with respect to type of disability.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Amendment to Regulation of Governor No. 66 of 2010 concerning implementation of Manpower Social Security Program.

Adoption: 2010-08-31 | IDN-2010-R-86354

Amends article 19 of Regulation No. 66 concerning payment contributions in the construction sector. Article 38 concerning the Operating Team of Administrative Municipality/Administrative Regency is also amended. Also provides that the Regulation is to enter into force retroactively as of March 31 2010.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Performance of Manpower Social Security Program (Regulation of the Governor of Jakarta Capital Special Area Province No. 66 Year 2010).

Adoption: 2010-03-10 | IDN-2010-R-91040

The Manpower Social Security Program covers occupational accident benefits, death allowances, old-age allowances and health allowances. Sets out details with respect to membership of the program, contributions, allowances, supervision and control and funding.

Indonesia - Social security (general standards) - Law, Act

Law on Health (Law No. 36/2009) (Undang-Undang Nomor 36 Tahun 2009 tentang Kesehatan) -

Adoption: 2009-10-13 | IDN-2009-L-91185

Contains 205 articles and 25 Chapters. This Law regulates: the general provisions of health; the principles and objectives of health, rights and obligations of any person on health care; government's responsibility to provide health care; government's responsibility to provide resources in the health sector, efforts to realize the highest possible health for the community; health of mothers, infants, children, adolescents, elderly and disabled; mental health, infectious disease and not contagious, health and working environment; management, information and health financing; role of the community; body health considerations; guidance and supervision; investigation and sanctions for violation of health administration.

This Law repeals Law No. 23/1992 on Health.

Indonesia - Social security (general standards) - Law, Act

Social Welfare Law (No. 11/2009). (Undang-Undang Tentang Kesejahteraan Sosial) -

Adoption: 2009-01-16 | IDN-2009-L-91168

Chapter I - General Provisions
Chapter II - Basic Provisions and Purpose
Chapter III - Social Welfare and Maintenance
Chapter IV - Countermeasures against Poverty
Chapter V - Responsibility and Authority
Chapter VI - Maintenance Resources for Social Welfare
Chapter VII - The Role of the Community
Chapter VIII - Registration and Licensing of the Social Welfare Board
Chapter IX - Accreditation And Certification
Chapter X - Development, Surveillance, Monitoring and Evaluation
Chapter Xi - Concluding Provisions

Repeals Law Number 6/1974 on Basic Provisions and Conditions for Social Welfare (Official Gazette 1974 Number 53, Supplement to State Gazette of the Republic of Indonesia Number 3039).

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Procedure for Procurement, Determination of Status, and Assignment of Right to State Housing (Regulation of the President of the Republic of Indonesia No. 11).

Adoption: 2008-02-26 | IDN-2008-R-80403

Chapter I - General Provisions
Chapter II - Procedure for Procurement of State's House
Chapter III - Procedure for Determining the Status of State's House
Chapter IV - Procedure for Changing Status of State's House
Chapter V - Procedure for Assignment of Right to State's House
Chapter VI - Transitional Provisions
Chapter VII - Closing Provisions.

Repeals Presidential Decree No. 13 of 1974 concerning change of Status of State's House as amended by Presidential Decree No. 81 of 1982. Also repeals Presidential Decree No. 40 of 1974 concerning Procedure for Sale of State's House.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Fifth Amendment to Government Regulation No. 14 Concerning the Performance of Manpwoer Social Security Program (Government Regulation No. 76 of 2007).

Adoption: 2007-12-10 | IDN-2007-R-78648

Amends articles 22(1) (death compensation) as well as provisions in Attachment II, I(A)(2) and (3) and I(B), (C) and (E) concerning amount of occupational accident compensation.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Technical Manual on Membership Registration, Contribution Payment, Compensation Payment and Services of Manpower Social Security (Regulation No. Per-12/Men/VI/2007).

Adoption: 2007-06-19 | Date of entry into force: 2008-01-01 | IDN-2007-R-78646

Chapter I - Definitions
Chapter II - Registration of Members
Chapter III - Payment of Contributions
Chapter IV - Reporting on Proposals for and Payment of Work Accident Security
Chapter V - Proposal for and Payment of Death Benefit
Chapter VI - Proposal for and Payment of Old Age Compensation
Chapter VII - Proposal for and Services of Health Care Compensation
Chapter VIII - Types of Jamsostek Forms
Chapter IX - Other Provisions
Chapter X - Transitional Provisions
Chapter XI - Closing Provisions

Indonesia - Social security (general standards) - Miscellaneous (circular, directive, legal notice, instruction, etc.)

Technical Directives for Personal Accident and Death Insurance Program in Industrial Relations Outside the Working Hour (Regulation of the Governor of the Province of Jakarta Capital Special Region No. 82/2006).

Adoption: 2006-08-28 | IDN-2006-M-76056

Regulates personal accident and death insurance program including survivors benefits, review and sanctions for violations of the Regulations.

Indonesia - Social security (general standards) - Miscellaneous (circular, directive, legal notice, instruction, etc.)

Guidelines on the implementation of the Manpower Social Security Program for manpower undertaking jobs outside industrial relations. Regulation No. PER-24/,EM/VI/2006.

Adoption: 2006-06-01 | IDN-2006-M-75372

Provides guidelines for social security regulations to apply to workers engaged outside industrial relations.
Based on Law No.3/1992 on Manpower Social Security, Law No. 13/2003 on Manpower,etc.

Indonesia - Social security (general standards) - Miscellaneous (circular, directive, legal notice, instruction, etc.)

Reimbursement of housing and medical and treatment (B.600/MEN/Sj-Hk/VIII/2005)

Adoption: 2005-08-31 | IDN-2005-M-111579

Indonesia - Social security (general standards) - Law, Act

The Law on the National Social Security System (Law No. 40/2004) (Undang-Undang Tentang Sistem Jaminan Sosial Nasional) -

Adoption: 2004-10-19 | IDN-2004-L-69781

Comprehensive legislation setting forth how the national social security system shall be managed, separated into nine chapters including:

Chapter 2: Principle, objective and principle of management;
Chapter 3: Social Security Management Board;
Chapter 4: National Security Council;
Chapter 5: Membership and contribution; and
Chapter 7: Management and Social Security Fund.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Decree of the Minister of Manpower and Transmigration on Insurance for Indonesian Workers (No. Kep-157/MEN/2003).

Adoption: 2003-06-09 | IDN-2003-R-65379

Provides for insurance for Indonesian workers for risks suffered before, during and after working abroad. Establishes requirements company must fulfill to offer insurance. Also regulates period of insurance coverage, tariff and premium payment, claim procedure as well as some related matters.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Funding and Solvency of Pension Fund of Job Provider (Decree of Minister of Finance No. 510/KMK.06/2002).

Adoption: 2002-12-04 | IDN-2002-R-63178

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.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Decree of the Minister of Finance on Direct Audit of Pension Funds (No. 512/KMK.06/2002).

Adoption: 2002-12-04 | IDN-2002-R-63373

Provides for direct audit of pension funds so as to ensure their effective and efficient operation. Divided into 8 parts. Part 1 contains general provisions. Part 2 establishes basis for direct audit. Direct audit is executed based on consideration of risks of pension funds. Part 3 sets forth objectives of direct audit; Part 4 deals with procedural matters. Part 5 provides for reporting, Part 6 for submission of objection to reports on results of direct audit, and Part 7 for sanctions. Part 7 contains concluding provisions.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Decree of Minister of Finance on Pension Fund Investment (No. 511/KMK.06/2002).

Adoption: 2002-12-04 | IDN-2002-R-63374

Makes provision for investment directives to guide management of pension fund in making investments. Investments directives are set by founder or founder of board of supervisors. Establishes minimum content of investment directives.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Government Regulation on Third Amendment to Government Regulation No. 14/1993 on the implementation of Labour Social Guarantee Program (No. 28/2002).

Adoption: 2002-05-13 | IDN-2002-R-62127

Establishes that death grant shall be paid in lump sum to widow, widower or child, covering: (a) death compensation amounting to five million rupiahs; and (b) burial expenses amounting to one million rupiahs.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Decree of the Minister of Finance on the first amendment to the Decree of the Minister of Finance No. 296/KMK.017/2000 on pension fund investment (No. 45/KMK.017).

Adoption: 2001-01-31 | IDN-2001-R-59639

Amends Sections 1, 6, 7, 11, 13 and 16 of the Decree of the Minister of Finance No. 296/KMK.017/2000 on pension fund investment. Concerns, inter alia, types of assets which are categorised as not being investments, permissable types of investments, and calculation of investments.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Government Regulation on amendment to Government Regulation No. 14/1993 on implementation of the manpower social security program as already amended by Government Regulation No. 79/1998 (No. 83/2000).

Adoption: 2000-09-22 | IDN-2000-R-57939

Provides for payment of death compensation to widows, widowers and children.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Decree of the Minister of Finance on Pension Fund Investment (No.296/KMK.017/2000).

Adoption: 2000-07-26 | IDN-2000-R-58744

Regulates obligations of employers and executives in management of pension fund investments, management of assets of pension fund of employers and of pension fund of financial institutions, use of services of third parties, and some related matters.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Decree of the Minister of Finance No. 499/KMK.017/1999.

Adoption: 1999-10-14 | IDN-1999-R-55807

Amends the Decree of the Minister of Finance No. 78/KMK.017/1995 on Pension Fund Investments with regard to, inter alia, mergers.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Decree of the Minister of Health No.1008/Menkes/SK/VIII/1999.

Adoption: 1999-08-19 | Date of entry into force: 1999-08-19 | IDN-1999-R-55790

Establishes guidelines for implementing the social safety net programme in the health sector, and for the alleviation of the negative impact of the economic crisis on the health and nutritional situation in the country.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Decree of the Manpower Minister No. KEP-150/MEN1999.

Adoption: 1999-08-16 | IDN-1999-R-56194

Provides for the implementation of the workers' social security programme for freelancing daily workers, contractual workers and workers with labour agreements for a specified period. Regulates workers' participation, amount of contribution fees, types of programmes, and the basis for determining contribution fees.

Indonesia - Social security (general standards) - Law, Act

Law No. 13 of 1998 concerning Welfare of the Elderly.

Adoption: 1998-11-30 | IDN-1998-L-111578

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Amendment to Government Regulation No. 14/1993 on the establishment of the program of workers social security (G.R. No. 79/1998).

Adoption: 1998-11-10 | Date of entry into force: 1998-11-10 | IDN-1998-R-52053

Amends Government Regulation No. 14/1993 with regard to benefit amounts for life insurance and funeral expenses.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Contributions and Benefits of Pensions (Decree of the Minister of Finance No. 343/KMK.017/1998).

Adoption: 1998-07-13 | IDN-1998-R-51173

Comprehensive regulations regarding contributions and benefits of the Surety Benefit Pension Program, profit-based pension funds, and financial institutions' benefit funds.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Amendment to the Decree of the Minister of Finance No. 227/KMK.017/1993 on the procedures for application of validation of the establishment of the employer's pension fund, the adjustment of the pension fund foundation and the validation of the amendment to pension fund provisions of the employers' pension fund (Decree of the Minister of Finance No. 344/KMK.017/1998).

Adoption: 1998-07-13 | IDN-1998-R-51174

Amendments to Forms A and B (validation of the establishment of an employer's pension fund).

Indonesia - Social security (general standards) - Miscellaneous (circular, directive, legal notice, instruction, etc.)

Revocation of the Instruction of the Minister of Manpower No. INS-02/MEN/1995 on the implementation of the Manpower Social Security Program for expatriates in companies (Decree of the Minister of Manpower No. Kep-132/MEN/1998).

Adoption: 1998-07-08 | Date of entry into force: 1998-07-08 | IDN-1998-M-51000

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Government Regulation concerning Management of Funds for the Programme of Workers' Social Security (No. 28 of 1996).

Adoption: 1996-04-18 | IDN-1996-R-44612

Funds for the programme of workers' social security shall be managed by the Operating Agency, a state-owned company. The liabilities of the Operating Agency shall consist of reserves for Old Age Security, Occupational Accident Security, Life Security, and Health Maintenance Security.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Regulation of the Minister of Manpower concerning the normal pension age and the maximum pension age limit for pension fund participants. (No. PER-02/MEN/1995).

Adoption: 1995-05-29 | Date of entry into force: 1995-05-29 | IDN-1995-R-43176

Sets normal pension age at 55 and maximum pension age (after which an employee must retire) at 60.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Decree of the Minister of Finance No. 78/KMK.017/1995 on the Pension Fund's Investments.

Adoption: 1995-02-03 | Date of entry into force: 1995-02-03 | IDN-1995-R-41577

Regulates the types of investments in which a pension fund may invest.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Decree of the Minister of Finance No. 77/KMK.017/1995 on the Funding and Solvency of an Employer Pension Fund.

Adoption: 1995-02-03 | Date of entry into force: 1995-02-03 | IDN-1995-R-41580

Stipulates that pension funds shall submit periodic actuarial reports to ensure the solvency of the fund.

Indonesia - Social security (general standards) - Miscellaneous (circular, directive, legal notice, instruction, etc.)

Improvement in the implementation of Workers Social Security (Jamsostek) and nurturing of SPSI and APINDO in the Province/First-Level Region of East Nusa Tenggara

Adoption: 1994-12-27 | IDN-1994-M-39750

Instructs local authorities to require that the local business community ensures that their workers join the Social Security Programme (JAMSOSTEK). The implementation of the Law (3/1992) on Workers' Social Security (JAMSOSTEK) is to be encouraged.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Implementation of the Manpower Social Security Program for Casual Daily Workers, Workers Doing Piece Jobs and Workers on a Contract Basis Regulation (No. PER-03/MEN/1994)

Adoption: 1994-08-23 | IDN-1994-R-38691

Provides that employers must include all their casual daily workers, workers doing piece jobs and workers on a contract basis in the Manpower Social Security Program managed by the Executing Agency. Provides for rules in respect of types of social security programs, contributions, procedure for implementation and amounts of security and supervision.

Indonesia - Social security (general standards) - Miscellaneous (circular, directive, legal notice, instruction, etc.)

Implementation Directive for the Provision of Welfare of Workers and the Collection of Levies from Companies in the Special Region of Capital City of Jakarta (No. 706 of 1993)

Adoption: 1993-05-17 | IDN-1993-M-36002

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Technical Directives for Participation Registration, Payment of Contribution, Payment of Compensation and Workers' Social Security Service (Regulation of the Minister of Manpower No. PER-05/MEN/1993)

Adoption: 1993-02-27 | Date of entry into force: 1993-02-27 | IDN-1993-R-33826

Continued from Business News No. 5385 pages 1A to 6A. Articles 24-44 provide for rules in respect of medical and maternity benefits. The remainder of this text, which includes models of certificates to be completed by physicians for health insurance purposes regarding nature of accident or illness treated, is published in Business News Nos. 5387 and 5388, dated 31 March 1993.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Implementation of the Program of Workers' Social Security (Government Regulation No. 14 of 1993)

Adoption: 1993-02-27 | IDN-1993-R-34100

The workers' social security programme consists of monetary payments for occupational accident benefit, death benefit, old age benefit, and benefit in the form of health maintenance services. An employer employing 10 workers or more is obliged to insure its workers under the workers' social security programme.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Occupational Accident Security Regulation (No. PER.-04/MEN/1993)

Adoption: 1993-02-27 | IDN-1993-R-34101

Provides that a worker undergoing an occupational accident is entitled to have occupational accident security comprised of transportation from the scene of the accident to the nearest hospital or to home, examination, medical treatment and care in a hospital or burial costs. Monetary compensation is also available for inability to work, partial permanent disability and death. In addition, entrepreneurs must provide workers who are involved in occupational accidents with Occupational Accident Security. Continued at p. 6A of Business News No. 5390.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Technical Directives for Participation Registration, Payment of Contribution, Payment of Compensation and Workers' Social Security Service Regulation (No. PER-05/MEN/1993)

Adoption: 1993-02-27 | IDN-1993-R-34103

Provides for rules in respect of participation, registration, payment of contribution, workers' social security reporting, claim and payment, claim and payment of death security and old age security, and claiming and rendering of health maintenance security services.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Presidential Decree of the Republic of Indonesia No. 22 of 1993 on the diseases arising out of employment relationship.

Adoption: 1993-02-27 | IDN-1993-R-43877

Attachment provides the Presidential Decree with a list of diseases arising out of employment relationship.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Procedures for the Application for Validation of the Formation of Employers' Pension Funds, Adjustment of Pension Funds Foundations and Validation of the Amendment of Pension Funds Regulations of Employers' Pension Funds Decree (No. 227/KMK.017/1993)

Adoption: 1993-02-26 | IDN-1993-R-34102

Provides procedures for validation by the Minister of Finance of formation of Employers' Pension Funds, adjustment of Pension Funds Foundations and amendment of Pension Funds Regulations for Employers' Pension Funds.

Indonesia - Social security (general standards) - Regulation, Decree, Ordinance

Requirements for the Management and the Supervisory Board of Employers' Pension Funds Decree (No. 229/KMK.017/1993)

Adoption: 1993-02-26 | IDN-1993-R-34104

Provides that a person who can be appointed as a member of the management of employers' pension funds must fulfil certain requirements, and that a member of the management of employers' pension funds cannot concurrently serve as member of the management of other pension funds, or as a member of the board of directors or the executive of other companies.