Indonesia's civil service pension program and endowment savings program Tunjangan Hari Tua (THT) are stand-alone retirement programs, distinct from retirement income programs covering other segments of the labor force. The pension program provides civil servants with a lifetime annuity following retirement and is fully funded by the government through the annual budget. The THT program provides lump-sum benefits at retirement as well as pre- and post-retirement...
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DETAILS
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2012/04/01
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Brief
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70789
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1
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1
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2013/05/08
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Disclosed
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Reforming the civil service pension and Tunjangan Hari Tua (THT) programs
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agency for international development
Citation
Wiener,Mitchell; Muliati,Iene.
Reforming the civil service pension and Tunjangan Hari Tua (THT) programs (English). Policy brief ; issue no. 1 Washington DC ; World Bank. http://documents.worldbank.org/curated/en/669381468044376458