Program Pensiun Manfaat Pasti

English translation: Fixed Benefit Pension Plan

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Indonesian term or phrase:Program Pensiun Manfaat Pasti
English translation:Fixed Benefit Pension Plan
Entered by: Anthony Indra

18:27 May 6, 2004
Indonesian to English translations [PRO]
Bus/Financial - Human Resources / pension fund
Indonesian term or phrase: Program Pensiun Manfaat Pasti
There are 2 types of pension fund in Indonesia: Program pensiun manfaat pasti and program pensiun iuran pasti
See this context.
7. Program Pensiun Manfaat Pasti adalah program pensiun yang manfaatnya ditetapkan dalam peraturan Dana Pensiun atau program pensiun lain yang bukan merupakan Program Pensiun Iuran Pasti;
8. Program Pensiun Iuran Pasti adalah program pensiun yang iurannya ditetapkan dalam peraturan Dana Pensiun dan seluruh iuran serta hasil pengembangannya dibukukan pada rekening masing-masing peserta sebagai manfaat pensiun;
Sugeng Hariyanto
Local time: 18:50
Fixed Benefit Pension Plan
Explanation:
This is the term used by many insurance companies in Indonesia.
Hope that helps!

Anthony
Selected response from:

Anthony Indra
United States
Local time: 04:50
Grading comment
thanks a lot.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1Fixed Benefit Pension Plan
Anthony Indra
4defined benefit fund
John Gare (X)
3Defined Benefit Pension Plan
Ramona Ali


  

Answers


3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
program pensiun manfaat pasti
defined benefit fund


Explanation:
The two main categories refered to would be the "defined benefit fund" or plan, where the payout ot pension payable on retirement is a pre-determined multiple of final average salary; and the "defined contribution fund" or plan where the benefit depends on the earnings of the fund over the time the employee/employer have been contributing at an agreed rate. Barangkali lebih baik diterangkan dalam web reference berikut.


    Reference: http://www.entrustadmin.com/What_is/defined_benefit.html
John Gare (X)
Local time: 22:50
Specializes in field
Native speaker of: English
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
neutral  Louis SOETEDJA: boleh juga "Fixed Pension Benefit Plan"
7 hrs
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7 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +1
Fixed Benefit Pension Plan


Explanation:
This is the term used by many insurance companies in Indonesia.
Hope that helps!

Anthony

Anthony Indra
United States
Local time: 04:50
Native speaker of: Native in IndonesianIndonesian
PRO pts in category: 4
Grading comment
thanks a lot.

Peer comments on this answer (and responses from the answerer)
agree  Louis SOETEDJA
3 hrs
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7 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Defined Benefit Pension Plan


Explanation:
Defined Benefit Pension Plan is commonly used worldwide.


    Reference: http://www.brook.edu/views/testimony/iwry/20030604.htm
    Reference: http://www.pensionconsultant.com/definedbenefitplan/basics.h...
Ramona Ali
Local time: 19:50
Specializes in field
Native speaker of: Native in MalayMalay
PRO pts in category: 4
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