Apakah Karyawan Swasta dapat Memanfaatkan Fasilitas Pajak Penghasilan Melalui Tabungan DPLK 10 Tahun untuk Memastikan Kecukupan Dana Pensiun
Income Replacement Ratio is retirement income as a percentage of income before retirement (Purcell, 2012). Financial planners typically use the Income Replacement Ratio as a measure to assess the adequacy of retirement income. HSBC Global Research Report 2012 showed that the income replacement ratio...
| Main Authors: | , |
|---|---|
| Format: | Thesis |
| Published: |
[Yogyakarta] : Universitas Gadjah Mada
2014
|
| Subjects: |
| Summary: | Income Replacement Ratio is retirement income as a percentage of income
before retirement (Purcell, 2012). Financial planners typically use the Income
Replacement Ratio as a measure to assess the adequacy of retirement income.
HSBC Global Research Report 2012 showed that the income replacement ratio is
considered sufficient for more than 75%.
Indonesian income replacement ratio is far below other countries.
Retirement Fund program established by the government for private sector
employee is less than 15%. The Indonesian government has arranged for a private
employee retirement savings through the Financial Institution Pension Fund
(DPLK). DPLK allows all levels of employees independently to be disciplined
saving for their old age in the absence of minimum contributions each month, and
funds under management closely monitored by the Financial Services Authority.
To encourage retirement savings government provides tax facilities.
Indonesia apply tax facilities that encourage the development of retirement
savings with tax exempt at the time of the employee and the company pays
contributions, tax-free investments for some investment instruments and low tax
rates during retirement benefits are paid.
Period of 10 years was not enough to save the pension funds
independently to achieve the 75 % income replacement ratio 20-years retirement.
This situation occurs even with utilizing the facility through the Pension Fund tax.
Pension saving should start early to work to minimize the monthly contribution. |
|---|