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Company News
Taspen Executive Meeting
Bisnis Indonesia, page B11 (21-August-2007)
President Director of PT. Taspen (Persero), Achmad Subianto, attended the 2007 Taspen Executive Meeting. Themed “3 Years Towards World Class, Are You Ready?”, among the meeting’s agendas was the company’s transformation program discussion to make Taspen a world-class company by 2010.
Pension Funds Should be Deposited On Time
www.republika.co.id (14-April-2005)
PT Taspen request that local governments deposit employees’ pension fund fees and pension savings on time and also in the appropriate amount. At the moment, most local governments fail to deposit on time. If the funds are deposited on time, local governments will find easier to finance the pension needs of their employees. Not to forget, tardiness in depositing makes it difficult for Taspen to compile their database. Currently, PT Taspen Semarang manages pension funds of 518,362 active members and 372,805 retirees. Premium fee for pension fund is 10 percent of employee’s salary. Eight percent of funds managed goes to Taspen and the rest for health insurance. From the eight percent going to Taspen, 3.4 percent are returned to civil servants and 47.5 percent will be saved.
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