Employee Benefits in Indonesia 2018

Market: Financial Services

Indonesia, 49 pages report, published by GlobalData

Report ThumbnailOctober-2018
Employee Benefits in Indonesia 2018

Summary

The Indonesian social security system comprises the provident fund system and social insurance system. Social security in Indonesia covers a small proportion of the population with minimal benefits. With effect from January 1, 2014, a new regime of national social security has been implemented in Indonesia with an intention to cover all employees and residents under one healthcare system by 2019, as well as one employment benefits system by 2029. Und

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  • List of Figures
  • Figure 1: Indonesia - Main Institutions of Social Security System
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  • List of Tables
  • Table 1: Insurance Industry Definitions
  • Table 2: Indonesia - Country Statistics
  • Table 3: Indonesia - Prohibited Positions for Foreign Workers
  • Table 4: Indonesia Contribution Rates - Retirement, Death and Disability Benefits
  • Table 5: Indonesian Workmen’s Compensation - Employer’s Contributions
  • Table 6: Indonesian Taxation Rates for Lump-Sum Retirement Benefits, 2018
  • Table 7: Indonesia - Temporary disability benefits
  • Table 8:Indonesia - Sick Leave
  • Table 9:Indonesia - Personal leave
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  • Table of Contents
  • 1 EXECUTIVE SUMMARY
  • 2 INTRODUCTION
  • 2.1 What is this Report About?
  • 2.2 Definitions
  • 3 COUNTRY STATISTICS
  • 4 OVERVIEW OF EMPLOYEE BENEFITS IN INDONESIA
  • 5 REGULATIONS
  • 6 STATE AND COMPULSORY BENEFITS
  • 6.1 Retirement Benefits
  • 6.1.1 Introduction
  • 6.1.2 Types of Retirement Plan
  • 6.1.3 Eligibility
  • 6.1.4 Age
  • 6.1.5 Pensionable salary
  • 6.1.6 Benefits
  • 6.1.7 Payment Options
  • 6.1.8 Typical employer practice
  • 6.1.9 Employee and employer contributions
  • 6.1.10 Taxation
  • 6.2 Death in Service
  • 6.2.1 Introdu
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