Indonesia > Old-age, invalidity and survivors benefit

Indonesia - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - Law, Act

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

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

Indonesia - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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 - Old-age, invalidity and survivors benefit - 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.

Indonesia - Old-age, invalidity and survivors benefit - Regulation, Decree, Ordinance

Maximum of Contribution and Pension Benefit Decree (No. 230/KMK.017/1993)

Adoption: 1993-02-26 | IDN-1993-R-34105

Provides for rules for the calculation of maximum contributions and pension benefits.

Indonesia - Old-age, invalidity and survivors benefit - Regulation, Decree, Ordinance

Pension Fund Investment (Decree of the Minister of Finance No. 231/KMK.017/1993)

Adoption: 1992-02-26 | Date of entry into force: 1993-02-26 | IDN-1992-R-33824

Provides for rules in respect of investment direction, management of the assets of employers' pension funds, management of the assets of pension funds of financial institutions, valuation of the assets of pension funds and related matters.

Indonesia - Old-age, invalidity and survivors benefit - Regulation, Decree, Ordinance

Joint Decision of the Minister of Manpower and the Minister of Public Works (Nos. KEP-07/MEN/1984 and KEP-30/KPTS/1984) on implementation of Government Regulation No. 33 of 1977 for piece workers/daily paid workers working for main contractors and subcontractors carrying out projects of the Department of Public Works.

Adoption: 1984-01-27 | IDN-1984-R-5280

Indonesia - Old-age, invalidity and survivors benefit - Regulation, Decree, Ordinance

Decision of the President No. 35 of 1982 on the alteration of the amount of death and funeral benefits of the employees' social insurance.

Adoption: 1982-09-01 | IDN-1982-R-5239

Indonesia - Old-age, invalidity and survivors benefit - Law, Act

Law No. 11 of 1969 concerning Pensions for Civil Servants and Pensions for Civil Servants' Widows/Widowers.

Adoption: 1969-08-08 | IDN-1969-L-111577

Indonesia - Old-age, invalidity and survivors benefit - Law, Act

Law No. 15/1965 concerning Veterans of the Republic of Indonesia. (Undang-Undang No.15 tahun 1965 (Lembaran Negara tahun 1965 No.76))

Adoption: 1965-08-10 | IDN-1965-L-111576

The Law regulates various areas concerning veterans including their position and function; rights and obligations; specialized agencies dealing with Veterans issues; criminal provisions related to veterans; and transitional and closing provisions.

Indonesia - Old-age, invalidity and survivors benefit - Law, Act

Law No. 20 of 1952 concerning Pensions for Civil Servants.

Adoption: 1952-10-07 | IDN-1952-L-111573

Sets out the regulations for the payment of pensions to civil servants including service period, basic pension, entitlement, cancellation, transfer of pensions and contributions.