2021
DOI: 10.3390/socsci10110436
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Pension and Active Ageing: Lessons Learned from Civil Servants in Indonesia

Abstract: Many developing countries are currently facing an ageing population without sufficient preparation for old-age financial adequacy, an important component in active ageing. One question is whether a pension system can create old-age financial adequacy. At the same time, many countries are shifting their pension systems from a defined benefit to a defined contribution pension system to improve the welfare of older people while maintaining state budget sustainability. Indonesia is not an exception. This paper lea… Show more

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Cited by 11 publications
(5 citation statements)
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“…The measure of family income is based on the DKI Jakarta minimum wage standard monthly (IDR 4.2 million /US$293.31). 5 Meanwhile, for the poverty indicator, using the criteria by the Central Statistics Agency (BPS). In 2020 and 2021, the average income categorized Below Poverty Line of a family was IDR 680 thousand/US$46.79 monthly.…”
Section: Methodsmentioning
confidence: 99%
“…The measure of family income is based on the DKI Jakarta minimum wage standard monthly (IDR 4.2 million /US$293.31). 5 Meanwhile, for the poverty indicator, using the criteria by the Central Statistics Agency (BPS). In 2020 and 2021, the average income categorized Below Poverty Line of a family was IDR 680 thousand/US$46.79 monthly.…”
Section: Methodsmentioning
confidence: 99%
“…The unit credit method is the most basic method in the discussion of pension funds (Ananta,et al, 2021;Smyrnova, et al, 2021;Orakwe, 2021;Hosang, et al, 2022). The pension fund program itself is a form of future planning that aims to ensure the survival of employees in retirement.…”
Section: Introductionmentioning
confidence: 99%
“…They may even fall into poverty. [2][3][4] Communicable diseases, for example, may even become a pandemic, resulting in sudden considerable disruption in people's life. At the state level, a health crisis can weaken the healthcare system and destabilise the economy through contraction in employment, increased state expenditure and reduced investment.…”
Section: Introductionmentioning
confidence: 99%
“…Unhealthy or sick family members may lead to a family caregiving crisis and disrupt other family members’ social and economic activities. They may even fall into poverty 2–4. Communicable diseases, for example, may even become a pandemic, resulting in sudden considerable disruption in people’s life.…”
Section: Introductionmentioning
confidence: 99%