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Human resources and labor relations

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The new Indonesian pension law

Article Abstract:

The new Indonesian Pension Law signed by Pres Suharto on Apr 20, 1992 has a structure similar to that of developed countries. It addresses the imminent dispersal of the extended family system and other social issues although it fails to account for technical problems associated with pension plan payments. Pension funds recognized by the law are the employer pension fund, the profit based pension fund and the financial institution pension fund.

Regulation misc. commercial sectors, Indonesia, Employee benefits

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Report from Spain: pension regulations & flexible benefits

Article Abstract:

An overview of the legal framework for funding companies' pensions in Spain is presented. The impact of the Insurance/Pensions Law 1995 and the trend towards offering more flexible benefits to employees are discussed.

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Report from Spain: retirement planning & financial institutions

Article Abstract:

The impact of the 1995 Insurance/Pensions Law in Spain on financial institutions is examined. The exemptions in the Law for such companies and alternative methods of funding pension commitments are analyzed.

Banking industry, Stockbrokers, Insurance industry, Financial institutions

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