Program Pensiun Imbalan Pasti
Perusahaan dan entitas anak menyelenggarakan program pensiun imbalan pasti untuk semua karyawan tetap. Program pensiun ini memberikan imbalan pasca kerja berdasarkan penghasilan dasar pensiun dan masa kerja karyawan.
Dana pensiun ini dikelola oleh Dana Pensiun PLN (Persero) (DP-PLN) yang akta pendiriannya telah disahkan oleh Menteri Keuangan Republik Indonesia dengan Surat Keputusannya No. KEP- 284/KM.17/1997 tanggal 15 Mei 1997.
Defined Benefit Pension Plan
The Company and its subsidiaries established a defined benefit pension plan covering all of their permanent employees. This plan provides pension benefits based on years of service and salaries and of the employees.
The pension plan is managed by Dana Pensiun PLN (Persero) (DP-PLN), which deed of establishment was approved by the Ministry of Finance of the Republic of Indonesia in its decision letter No. KEP-284/KM.17/1997 dated May 15, 1997.
DP-PLN telah mendapat persetujuan dari Menteri Keuangan Republik Indonesia dalam surat keputusan No. KEP-078/KM.12/2006 tanggal 29 Agustus 2006 atas peningkatan imbalan pasti pensiun yang disediakan Perusahaan dan entitas anak dalam program dana pensiun.
DP-PLN obtained an approval from the Minister of Finance of the Republic of Indonesia No. KEP-078/KM.12/2006 dated on August 29, 2006 in relation to the increase in pension benefits provided by the Company and its
subsidiaries’ pension plan. Pendanaan DP-PLN terutama berasal dari iuran
karyawan sebesar 6% dan pemberi kerja sebesar 11,2%.
DP-PLN is mainly funded by contributions from both the employees, which is 6% and the employer, which is 11.2%.
Imbalan Pasca-Kerja Lain
Perusahaan dan entitas anak juga memberikan imbalan pasca-kerja lain tanpa pendanaan berupa uang pesangon, penghargaan masa kerja dan ganti kerugian, tunjangan tambahan penghasilan dan penghargaan purna jabatan kepada karyawan yang memenuhi persyaratan sesuai dengan kebijakan Perusahaan dan entitas anak. Imbalan program ini ditentukan berdasarkan penghasilan dan masa kerja karyawan.
Other Post-employment Benefits
The Company and its subsidiaries also provide other unfunded defined post-employment benefit plans such as severance pay, service pay, compensation pay, additional allowance and functional retirement pay for their qualifying employees based on the Company and its
subsidiaries’ policies. These other post- employment benefits are computed based on the salaries and service years of the employees. Imbalan Pemeliharaan Kesehatan
Selain program pensiun yang dikelola oleh DP- PLN dan imbalan pasca kerja lain, Perusahaan dan entitas anak menyediakan imbalan program kesehatan tanpa pendanaan bagi pensiunan dan keluarganya yang memenuhi persyaratan.
Health Care Benefits
In addition to the pension plan managed by
DP-PLN and the other post-employment
benefits, the Company and its subsidiaries also provide unfunded health care benefit plans for their pensioners and their eligible dependents.
Imbalan Kerja Jangka Panjang
Perusahaan dan entitas anak juga memberikan imbalan kerja jangka panjang tanpa pendanaan berupa uang cuti besar, tunjangan kecelakaan dinas, bantuan kematian dan pemakaman dan penghargaan winduan bagi karyawan yang memenuhi persyaratan.
Long-term Benefits
The Company and its subsidiaries also provide unfunded defined long-term benefit plans such as long service leave, work accident, death and funeral allowances, and eight years service award for their qualifying employees.
(Angka dalam tabel dinyatakan dalam jutaan Rupiah) - Lanjutan (Figures in tables stated in millions of Rupiah) - Continued
- 105 - Perhitungan imbalan pasca-kerja dan imbalan
kerja jangka panjang ini dihitung oleh
PT Binaputera Jaga Hikmah, aktuaris independen. Asumsi utama yang digunakan oleh aktuaris adalah sebagai berikut :
The cost of providing post-employment and long-term benefits were calculated by an independent actuary, PT Binaputera Jaga Hikmah. The actuarial valuation was carried out using the following key assumptions :
Umur pensiun normal 56 tahun/years Normal retirement age
Hasil diharapkan dari aset program 10% tahun/year 2012 dan/and Expected rate of return on plan assets 11% tahun/year 2011
Tingkat diskonto per tahun 6,74% tahun/year 2012 dan/and Discount rate per annum 6,69% tahun/year 2011
Tingkat kenaikan gaji per tahun Rate of salary increase per annum Program pensiun 5% Pension plan
Imbalan pasca-kerja lain dan Other post-employment and imbalan kerja jangka panjang 8% long-term benefits Tingkat kenaikan biaya kesehatan 9% Rate of health cost increase
Beban imbalan kerja Perusahaan dan entitas anak dibebankan ke beban kepegawaian adalah sebagai berikut :
The Company and its subsidiaries’ employee
benefit expenses charged to personnel
expenses, are as follows :
Imbalan kerja
Program Pasca-kerja Pemeliharaan jangka
pensiun/ lain/ kesehatan/ panjang/
Pension Other post- Health Long-term Jumlah/
plan employment care benefits benefits Total
Biaya jasa kini 61.773 326.069 325.467 124.261 837.570 Current service cost Biaya jasa lalu - 12.871 - 182 13.053 Past service cost
Hasil aset program diharapkan (317.637) - - - (317.637) Expected return on plan assets Beban bunga 184.062 416.312 752.901 37.226 1.390.501 Interest costs
Kerugian (keuntungan) aktuaria 781 63.673 339.972 (49.892) 354.534 Actuarial (gains) losses Dampak pembatasan aset 138.318 - - - 138.318 Asset limitation
Jumlah 67.297 818.925 1.418.340 111.777 2.416.339 Total
2012 (Enam bulan/Six months) Imbalan pasca-kerja/
Post-employment benefit
Imbalan kerja
Program Pasca-kerja Pemeliharaan jangka
pensiun/ lain/ kesehatan/ panjang/
Pension Other post- Health Long-term Jumlah/
plan employment care benefits benefits Total
Biaya jasa kini 54.392 263.952 198.582 113.808 630.734 Current service cost
Biaya jasa lalu - 12.871 - - 12.871 Past service cost
Hasil aset program diharapkan (298.076) - - - (298.076) Expected return on plan assets
Beban bunga 202.935 477.523 716.055 40.305 1.436.818 Interest costs
Kerugian (keuntungan) aktuaria 519 47.824 239.115 (32.512) 254.946 Actuarial losses (gains)
Dampak pembatasan aset 109.402 - - - 109.402 Asset limitation
Jumlah 69.172 802.170 1.153.752 121.601 2.146.695 Total
2011 (Enam bulan/Six months) Imbalan pasca-kerja/
- 106 - Mutasi nilai kini liabilitas imbalan kerja Perusahaan dan entitas anak adalah sebagai berikut:
The Company and its subsidiaries movement in the present value of employee benefits obligation are as follows:
Program Pasca-kerja Pemeliharaan
pensiun/ lain/ kesehatan/ Jangka
Pension Other post- Health panjang/ Jumlah/
plan employment care benefits Long-term Total
Liabilitas imbalan Opening defined benefit
kerja awal 5.503.573 12.445.501 22.500.841 1.111.137 41.561.052 obligation
Biaya jasa kini 61.773 326.069 325.467 124.261 837.570 Current service cost
Beban bunga 184.062 416.312 752.901 37.226 1.390.501 Interest cost
Keuntungan (kerugian) aktuaria (496.704) (465.741) (783.330) (49.710) (1.795.485) Actuarial (gains)/losses Manfaat yang dibayarkan (204.949) (480.238) (202.381) (97.654) (985.222) Benefits paid
Liabilitas imbalan Closing defined benefit
kerja akhir 5.047.755 12.241.903 22.593.498 1.125.260 41.008.416 obligation
30 Juni/June 30, 2012
Program Pasca-kerja Pemeliharaan
pensiun/ lain/ kesehatan/ Jangka
Pension Other post- Health panjang/ Jumlah/
plan employment care benefits Long-term Total
Liabilitas imbalan Opening defined benefit
kerja awal 4.716.074 11.096.551 16.640.457 935.120 33.388.202 obligation
Biaya jasa kini 108.848 534.807 397.164 227.631 1.268.450 Current service cost
Beban bunga 405.869 955.046 1.432.110 80.610 2.873.635 Interest cost
Keuntungan (kerugian) aktuaria 668.348 771.024 4.428.365 52.180 5.919.917 Actuarial (gains)/losses Manfaat yang dibayarkan (395.566) (911.927) (397.255) (184.404) (1.889.152) Benefits paid
Liabilitas imbalan Closing defined benefit
kerja akhir 5.503.573 12.445.501 22.500.841 1.111.137 41.561.052 obligation
31 Desember/December 31, 2011
Program Pasca-kerja Pemeliharaan
pensiun/ lain/ kesehatan/ Jangka
Pension Other post- Health panjang/ Jumlah/
plan employment care benefits Long-term Total
Liabilitas imbalan Opening defined benefit
kerja awal 4.254.785 11.250.155 11.919.328 814.866 28.239.134 obligation
Biaya jasa kini 91.717 443.357 242.942 213.186 991.202 Current service cost
Beban bunga 450.680 162.350 1.251.529 86.445 1.951.004 Interest cost
Keuntungan (kerugian) aktuaria 236.605 22.263 3.598.259 38.774 3.895.901 Actuarial (gains)/losses Manfaat yang dibayarkan (317.713) (781.574) (371.601) (218.151) (1.689.039) Benefits paid
Liabilitas imbalan Closing defined benefit
kerja akhir 4.716.074 11.096.551 16.640.457 935.120 33.388.202 obligation
(Angka dalam tabel dinyatakan dalam jutaan Rupiah) - Lanjutan (Figures in tables stated in millions of Rupiah) - Continued
- 107 - Mutasi liabilitas imbalan kerja Perusahaan dan entitas anak adalah sebagai berikut :
Movements in the Company and its subsidiaries’
employee benefits obligation are as follows :
Program Pasca-kerja Pemeliharaan
pensiun/ lain/ kesehatan/ Jangka
Pension Other post- Health panjang/ Jumlah/
plan employment care benefits Long-term Total
Nilai kini liabilitas 5.047.755 12.241.903 22.593.498 1.125.260 41.008.416 Present value of obligation Unrecognized past
Biaya jasa lalu belum diakui - (134.165) - - (134.165) service cost
Keuntungan (kerugian) aktuaria Unrecognized actuarial
belum diakui 374.353 (2.587.719) (11.091.058) - (13.304.424) gains (losses)
Kekayaan yang tidak diakui Asset that was not recognized
berdasar Par 61 b 526.656 - - - 526.656 under Par 61 b
Nilai wajar aset program (5.948.764) - - - (5.948.764) Fair value of plan assets
Liabilitas imbalan kerja - 9.520.019 11.502.440 1.125.260 22.147.719 Employee benefits obligation
Bagian jatuh tempo dalam
satu tahun - (960.475) (404.761) (195.309) (1.560.545) Current maturities
Bagian jangka panjang - 8.559.544 11.097.679 929.951 20.587.174 Long-term portion
30 Juni/June 30, 2012
Program Pasca-kerja Pemeliharaan
pensiun/ lain/ kesehatan/ Jangka
Pension Other post- Health panjang/ Jumlah/
plan employment care benefits Long-term Total
Nilai kini liabilitas 5.503.573 12.445.501 22.500.841 1.111.137 41.561.052 Present value of obligation Unrecognized past
Biaya jasa lalu belum diakui - (146.605) - - (146.605) service cost
Keuntungan (kerugian) aktuaria Unrecognized actuarial
belum diakui (102.625) (3.118.388) (12.213.642) - (15.434.655) gains (losses)
Kekayaan yang tidak diakui Asset that was not recognized
berdasar Par 61 b 383.981 - - - 383.981 under Par 61 b
Nilai wajar aset program (5.784.929) - - - (5.784.929) Fair value of plan assets
Liabilitas imbalan kerja - 9.180.508 10.287.199 1.111.137 20.578.844 Employee benefits obligation
Bagian jatuh tempo dalam
satu tahun - (996.787) (425.364) (189.349) (1.611.500) Current maturities
Bagian jangka panjang - 8.183.721 9.861.835 921.788 18.967.344 Long-term portion
31 Desember/December 31, 2011
Program Pasca-kerja Pemeliharaan
pensiun/ lain/ kesehatan/ Jangka
Pension Other post- Health panjang/ Jumlah/
plan employment care benefits Long-term Total
Nilai kini liabilitas 4.716.074 11.096.551 16.640.457 935.120 33.388.202 Present value of obligation Unrecognized past
Biaya jasa lalu belum diakui - (172.735) - - (172.735) service cost
Keuntungan (kerugian) aktuaria Unrecognized actuarial
belum diakui 283.356 (2.438.345) (8.263.508) - (10.418.497) gains (losses)
Kekayaan yang tidak diakui Asset that was not recognized
berdasar Par 61 b 402.350 - - - 402.350 under Par 61 b
Nilai wajar aset program (5.401.780) - - - (5.401.780) Fair value of plan assets
Liabilitas imbalan kerja - 8.485.471 8.376.949 935.120 17.797.540 Employee benefits obligation
Bagian jatuh tempo dalam
satu tahun - (824.894) (380.891) (232.870) (1.438.655) Current maturities
Bagian jangka panjang - 7.660.577 7.996.058 702.250 16.358.885 Long-term portion
- 108 - Mutasi nilai wajar aset program imbalan kerja Perusahaan dan entitas anak sehubungan dengan program pensiun adalah sebagai berikut :
Movements in the Company and it’s subsidiaries
fair value of employee benefits plan assets related to pension plan are as follows:
30 Juni/ 31 Desember/ 1 Januari/
June 30, December 31, January 1,
2012 2011 2011
Nilai wajar dari aset program awal 5.794.403 5.401.780 4.818.094 Opening fair value of plan assets Pengembalian yang diharapkan dari
aset program 315.442 577.972 775.223 Expected return on plan assets
Keuntungan (kerugian) aktuaria (23.428) 63.787 15.226 Actuarial gains/(losses) Pembayaran imbalan oleh pemberi kerja 67.296 136.956 110.950 Contributions from the employer Manfaat yang dibayarkan (204.949) (395.566) (317.713) Benefits paid
Nilai wajar dari aset program akhir 5.948.764 5.784.929 5.401.780 Closing fair value of plan assets Kategori utama aset program seperti yang dalam
persentase dari nilai wajar seluruh aset program, sebagai berikut:
The major categories of plan assets as a percentage of the fair value of total plan assets are as follows: 30 Juni/ June 30, 2012 31 Desember/ December 31, 2011 1 Januari/ January 1, 2011 % % %
Instrumen ekuitas 10 11 11 Equity instruments
Instrumen hutang 10 11 11 Debt instruments
Properti 10 11 11 Property
Lain-lain 10 11 11 Other
Rata-rata tertimbang
keuntungan yang Weighted average
diharapkan 10 11 11 expected return
Keuntungan yang diharapkan/Expected return
30 Juni/ June 30, 2012 31 Desember/ December 31, 2011 1 Januari/ January 1, 2011
Instrumen ekuitas 385.598 379.339 50.652 Equity instruments Instrumen hutang 3.171.054 3.280.984 3.150.632 Debt instruments
Properti 506.825 495.528 463.311 Property
Lain-lain 1.885.287 1.629.077 1.737.185 Other
Jumlah 5.948.764 5.784.929 5.401.780 Total
Keseluruhan tingkat keuntungan yang diharapkan ditentukan berdasarkan ekspektasi pasar pada tanggal pengukuran, berlaku untuk periode saat kewajiban diselesaikan.
The overall expected rate of return on assets is determined based on the market expectations prevailing on that date, applicable to the period over which the obligation is to be settled.
(Angka dalam tabel dinyatakan dalam jutaan Rupiah) - Lanjutan (Figures in tables stated in millions of Rupiah) - Continued
- 109 - Hasil aktual pensiun program sebesar Rp 325.886 juta untuk periode enam bulan yang berakhir 30 Juni 2012 dan Rp 566.387 juta untuk periode enam bulan yang berakhir 30 Juni 2011.
The actual return on plan assets was Rp 325,886 million for the six-month periods ended June 30, 2012 and Rp 566,387 million for the six-month periods ended June 30, 2011. Efek satu persen perubahan pada biaya imbalan
manfaat kesehatan pasca-kerja yang diasumsikan akan menyebabkan perubahan agregat biaya jasa dan bunga pada periode-periode berikut:
The effect of a one percentage point change in assumed health care benefits rate would result in aggregate service and interest costs and accumulated healthcare benefit obligation as of these periods: 30 Juni/ June 30, 2012 31 Desember/ December 31, 2011 1 Januari/ January 1, 2011 Kenaikan 1% Increase 1%
Biaya jasa agregat dan bunga 1.270.066 2.086.661 1.666.978 Aggregate service and interest cost
Akumulasi liabilitas imbalan kerja Accumulated post retirement
untuk biaya kesehatan 46.536.036 25.461.209 18.505.592 obligation for healthcare
Penurunan 1% Decrease 1%
Biaya jasa agregat dan bunga 929.668 1.622.365 1.349.502 Aggregate service and interest cost
Akumulasi liabilitas imbalan kerja Accumulated post retirement
untuk biaya kesehatan 36.989.370 20.079.578 15.073.925 obligation for healthcare
Historis penyesuaian yang terjadi adalah sebagai berikut:
The history of experience adjustments is as follows: 30 Juni/ June 30, 2012 31 Desember/ December 31, 2011 31 Desember / December 31, 2010 31 Desember / December 31, 2009 31 Desember / December 31, 2008
Nilai wajar liabilitas imbalan Present value of employee
pasti 41.008.416 41.561.052 33.388.204 28.239.134 14.347.333 benefits obligation
Nilai wajar dari aset program 5.948.764 5.784.929 5.401.780 4.765.067 4.214.616 Fair value of plan asset
Defisit 35.059.652 35.776.123 27.986.424 23.474.067 10.132.717 Defisit
Penyesuaian liabilitas Experience adjustments on
imbalan program - - - plan liabilities
Penyesuaian aset Experience adjustments on
program - - - plan assets
Perusahaan dan entitas anak mengekspektasikan untuk membayar kontribusi pada program pensiun imbalan pasti sebesar Rp 147.439 juta pada tahun berikutnya.
The Company and its subsidiaries expect to make a contribution of Rp 147,439 million to the defined benefits plans during the next financial year.
- 110 -