Analysis of the Perspective on Pension Fund Management: From Pay-As-You-Go to Fully Funded Systems
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Oct 28, 2024
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Pay as you Go, Fully Funded
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DOAJ GOOGLE SCHOLAR DIMENSIONS PORTAL GARUDA BASE INDONESIA ONESEARCH MORAREFMain Article Content
Abstract
Purpose – The aim of this research is to examine the implementation of pension fund management through a fully funded scheme in the civil servant pension system in Indonesia.
Design/methodology/approach – This research is designed using literature and journal review methods. The methodology involves selecting and collecting relevant data from literature and performing data analysis related to the implementation of the fully funded pension scheme.
Findings – The research finds that Indonesia's government is not yet prepared to implement the fully funded pension scheme for civil servants, with significant gaps in regulatory frameworks and the need for improvements in pension fund management, participant contributions, and risk management.
Originality – The originality of this research lies in its evaluation of Indonesia's readiness to implement a fully funded pension scheme for civil servants, as well as its identification of regulatory gaps and the need for improvements that have not been addressed in previous studies.
Keywords: Pay as you Go, Fully Funded
Paper Type Research Result
Article Details
How to Cite
Astuthy, R., Ulfah, A., & Tenriwaru, T. (2024). Analysis of the Perspective on Pension Fund Management: From Pay-As-You-Go to Fully Funded Systems. Contemporary Journal on Business and Accounting, 4(2), 1-15. https://doi.org/10.58792/cjba.v4i2.65
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Djamba, Y. K., & Neuman, W. L. (2002). Social Research Methods: Qualitative and Quantitative Approaches. Teaching Sociology, 30(3), 380. https://doi.org/10.2307/3211488.
Ermanza. 2014. Sistem Pensiun Pegawai Negeri Sipil, dalam makalah Seminar BKN 21 Mei 2014.
Fang, H., & Feng, J. (2018). THE CHINESE PENSION SYSTEM. National Bureau of Economic Research, 1(1), 1–15.
Fully Funded. Kebijakan Dan Manajemen PNS, 8(2), 83–92.
Hadi, A. (2017). Rencana Sistem Jaminan Pensiun dan Hari Tua Pegawai Negeri Sipil (PNS). Civil Apparatus Policy Brief, 003(Januari), 1–4.
Hanafie, H. (2014). Alternatif Sistem Pembayaran Pensiun Pegawai Negeri Sipil. Kebijakan Dan Manajemen PNS, 8(2), 43–50.
Kementerian Keuangan. (2008). Peraturan Menteri Keuangan Tentang Investasi Dana Pensiun. 2004, 2–6.
Kompas.Com.https://money.kompas.com/read/2022/09/02/171159726/perubahan-skema-dana-pensiun-pns-pilih-pay-as-you-go-atau-fully-funded?page=all#page2
Kristianus, A. (2022). Dana Pensiun PNS 2022 Diperkirakan Rp 119 Triliun. Investor.Id.https://investor.id/business/304960/dana-pensiun-pns-2022 diperkirakan-rp-119-triliun
Lannoo, K., Barslund, M., Chmelar, A., & Werder, M. V. (2020). Pension schemes. Practical Risk Theory for Actuaries, 457–457. https://doi.org/10.1201/9781482289046-73
Meilanova, D. R. (2022). Taspen Bukukan Laba Rp 391,61 Miliar di 2021. Bisnis.Com.https://finansial.bisnis.com/read/20220126/215/1493538/taspen-bukukan-laba-rp39161-miliar-di-2021
Moloeng, L. J. (2016). Metodologi Penelitian Kualitatif (35th ed.). PT Remaja Rosdakarya.
Newman, I., Lim, J., & Pineda, F. (2013). Content Validity Using a Mixed Methods Approach: Nur, M. (2022). Perubahan Skema Dana Pensiun PNS: Pilih Pay As You Go atau Fully Funded.
Peraturan Pemerintah Nomor 25 Tahun 1981 tentang Asuransi Sosial Pegawai Negeri
Peraturan Pemerintah Nomor 15 Tahun 1963 tentang Pendirian Perusahaan Negara Dana Tabungan Dan Asuransi Pegawai Negeri
PT Taspen. (2018) Program Pensiun. Taspen.Co.Id. https://www.taspen.co.id/layanan/detail-pensiun
PT Taspen. (2018b). Sejarah Perusahaan. Taspen.Co.Id https://www.taspen.co.id/tentangkami/sejarah#:~:text=Pembentukan Program Tabungan Hari Tua,Tabungan Asuransi dan Pegawai negeri.
Rakhmawanto, A. (2014). Program Pensiun Pegawai Negeri Sipil: Analisis Perspektif Perbaikan Sistem Pensiun PNS Dari Pay As You Go Ke Fully Funded. Jurnal Kebijakan Dan Manajemen PNS, 8(2), 9.
Republik Indonesia, Undang-Undang Nomor 5 Tahun 2014 tentang Aparatur Sipil Negara.
Simanungkalit, J. H. (2014). Redesign Sistem Pensiun Pegawai Negeri Sipil Di Indonesia Redisigning. Jurnal Kebijakan Dan Manajemen PNS, 8(2), 51–68.
Suryanto. (2014). Sistem Pensiun Pns : Mewujudkan Sistem Pendanaan Pensiun.
Undang-Undang Nomor 43 Tahun 1999 tentang Perubahan Atas Undang Undang Nomor 8 Tahun 1974 Tentang Pokok Pokok Kepegawaian
Undang-Undang Nomor 11 Tahun 1992 tentang Dana Pensiun
Undang-Undang Nomor 11 Tahun 1969 tentang Pensiun Pegawai dan Pensiun Janda/Duda Pegawai
Undang-Undang Nomor 11 Tahun 1969 tentang Pensiun Pegawai dan Pensiun Janda/Duda, Pub. L. No. No 11 1969, 1969 Jakarta 1 (1969). Kementerian Sekretariat Negara Republik Indonesia
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