Indonesia: report to the government, financial assessment of the social security pension schemes administered by BPJS Ketenagakerjaan as of 31 December 2020 and costing of sickness and maternity benefits

Simon Brimblecombe; Pierre Plamondon; Doan Trang Phan; Ippei Tsuruga

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Indonesia: report to the government, financial assessment of the social security pension schemes administered by BPJS Ketenagakerjaan as of 31 December 2020 and costing of sickness and maternity benefits

Simon Brimblecombe, Pierre Plamondon, Doan Trang Phan and Ippei Tsuruga

ILO, 1st ed.

2023

Abstract

financial aspect

rapid assessment

pension scheme

cash sickness benefit

maternity benefit

Cost Benefit Analysis

Indonesia

This report analyses existing provision and its future evolution and recommends an effective multi-tier pension system that covers all residents and provides adequate pensions on a sustainable basis.

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Title: Indonesia; report to the government, financial assessment of the social security pension schemes administered by BPJS Ketenagakerjaan as of 31 December 2020 and costing of sickness and maternity benefits
Creators: Simon Brimblecombe (Author)
Pierre Plamondon (Author)
Doan Trang Phan (Author)
Ippei Tsuruga (Author)
Contributors: ILO Country Office for Indonesia and Timor-Leste,
Publisher: ILO; Geneva
Date published: 2023
Edition: 1st ed.
Number of pages: 14 p.
ISBN: 9789220392393
Language: English; Indonesian
Asset Type: report
Record Identifier: 995271997302676
Table of contents: Executive summary -- 1. Introduction -- 2. Review of the experience of the social security schemes -- 3. General demographic, labour force and macroeconomic framework -- 4. Demographic and financial projections of the JP scheme -- 5. Simulation of replacement rates from the different components of the system -- 6. Possible directions for pension reform -- 7. Sickness benefits -- 8. Maternity benefits -- Actuarial opinion -- Appendix.