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The pension system in Indonesia, including Deli Serdang, is regulated under the Manpower Act No. 13 of 2003 and the Social Security Administration Bodies Law No. 24 of 2011. These laws mandate the provision of old-age benefit programs by employers for the welfare of employees post-retirement. Both employers and employees are mandated to contribute to the pension fund.
Understanding pension law can be complex as it involves several legalities and regulations. You may need a lawyer to help understand how the pension laws apply to your circumstances, to ensure your employer is meeting their obligations, to navigate any disputes related to pension funds, or to guide you through the documentation and processes involved in claiming your pension benefits.
The Manpower Law requires employers to provide an old-age benefits program for their employees. Lump-sum payments are made to employees who have worked for a minimum of five years on reaching retirement age or in case of death or permanent disability. The concept of pension funds and social security has been further strengthened by the enactment of the Social Security Administration Bodies Law, making social security coverage compulsory for all people, including those in the informal sector.
The official retirement age in Indonesia is 57 years, which is expected to gradually increase to 65 years by 2043.
The employee contributes 2% of their monthly wage to the pension fund, and the employer contributes an additional 3%.
Non-compliance with the law can lead to imprisonment and fines, depending on the severity and persistence of the violation.
Yes, pensions can be received abroad. However, details and procedures should be clarified with the pension fund administration
In case of a contributor's death, the pension benefits are transferred to their legal heirs or dependents.
For further information regarding Indonesian Social Security System, you can refer to the website of Badan Penyelenggara Jaminan Sosial (BPJS), the Social Security Administrative Body of Indonesia. For legal advice, you may approach the Indonesia Legal Aid Foundation or the Indonesian Advocates Association.
If you need legal assistance related to your pension in Deli Serdang, Indonesia, consider seeking advice from a lawyer specializing in labor and employment law. It is essential to gather all relevant employment documents, including your employment contract and any documentation related to your pension. Consult with your lawyer to understand your rights and obligations, map out a plan of action, and proceed accordingly.
