Resource
Republic of 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
- English
- Bahasa Indonesia
Brimblecombe, S.; Plamondon, P.; Phan, D. T.; Tsuruga, I.
2023
978-92-2-039239-3
Summary
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. In addition, it proposes and costs the introduction of maternity and sickness benefit schemes with a view to not only providing workers with better protection for life-cycle risks but also to attract them to participate in the social insurance system and to facilitate formalization of the informal economy.