Pension Fund EMPLOYEE BENEFITS LIABILITIES
AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS FOR THE PERIOD ENDED
MARCH 31, 2016 AND 2015 Expressed in thousands of Rupiah,
unless otherwise stated Continued
- 114 - Asumsi aktuarial utama yang digunakan untuk
menentukan estimasi liabilitas imbalan kerja karyawan dalam program imbalan pasti pada
tanggal 31 Maret 2016 dan 31 Desember 2015 adalah sebagai berikut:
The principal actuarial assumptions used to estimate liabilities for employee benefits under
defined benefits plans as at March 31, 2016 and December 31, 2015 are as follows:
31 Maret 2016 March 31, 2016 31 Desember 2015 December 31, 2015
Unaudited Audited
Tabel Mortalita Indonesia 2011 TMIII Tabel Mortalita Indonesia 2011 TMIII
Tingkat mortalita Indonesia Mortality Table 2011 TMIII
Indonesia Mortality Table 2011 TMIII Mortality rate
Usia pensiun normal 56 tahunyears
56 tahunyears Normal retirement age
Tingkat cacat 10 dari tingkat mortalita
10 dari tingkat mortalita Disability rate
of mortality rate of mortality rate
Tingkat kenaikan gaji: Rate of salary increase:
Program pensiun 7,5 per tahunper annum
7,5 per tahunper annum Pension plan
Imbalan kerja lainnya 10 per tahunper annum
10 per tahunper annum Other employee benefits
Tingkat diskonto tahunan 9 per tahunper annum
9 per tahunper annum Annual discount rate
Tingkat pengembalian Expected return on plan
investasi 9 per tahunper annum
9 per tahunper annum assets
1 ST: 0,5 untuk 1 ST: 0,5 untuk
umur di bawah 30 tahun umur di bawah 30 tahun
dan menurun secara linear dan menurun secara linear
Tingkat pengunduran diri sampai 0 pada umur 44 tahun
sampai 0 pada umur 44 tahun Voluntary resignation rate
SP: 54 tahun 1 ST: 0,5 SP: 54 tahun 1 ST: 0,5
at less than 30 years of age at less than 30 years of age
and reducing linearly to 0 and reducing linearly to 0
at 44 SP: 54 years years of age at 44 SP: 54 years years of age
Aset dana pensiun terutama terdiri dari deposito berjangka, surat-surat berharga dan investasi
jangka panjang dalam bentuk saham, reksadana, obligasi, tanah dan bangunan.
Pension fund assets mainly consist of time deposits, marketable securities, and long-term
investments in shares of stock, mutual funds, bonds and land and buildings.
Tingkat pengembalian investasi yang diharapkan atas aset program ditentukan
berdasarkan ekspektasi pasar pada tanggal pelaporan, berlaku untuk periode saat
kewajiban diselesaikan. The expected rate of return on plan assets is
determined based on the market expectations prevailing on that date, applicable to the period
over which the obligation is to be settled.
AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS FOR THE PERIOD ENDED
MARCH 31, 2016 AND 2015 Expressed in thousands of Rupiah,
unless otherwise stated Continued
- 115 - Imbalan Pensiun
Pension Benefits
Beban imbalan kerja yang dibebankan pada laporan laba rugi dan penghasilan komprehensif lain
konsolidasian merupakan jumlah neto dari: Amounts recognized in the consolidated statement
of profit or loss and other comprehensive income consists of the net total of the following amounts:
31 Maret 31 Desember
March 31, December 31,
2016 2015
Unaudited Audited
Biaya jasa kini 10.608.734
32.455.103 Current service cost
Biaya bunga neto 5.445.203
12.249.045 Net interest cost
Bunga atas dampak atas aset 954.566
3.818.265 Interest on the effect of the asset ceiling
Penyesuaian 186.848
1.557.901 Adjustment
Komponen dari biaya imbalan pasti Components of defined benefit costs
yang diakui dalam laba rugi 17.195.351
50.080.314 recognized in profit or loss
Pengukuran kembali liabilitas Remeasurement on the net
imbalan pasti - neto: defined benefit liability:
Perubahan dampak batas atas aset, Change in the effect of the asset ceiling
tidak termasuk bunga neto 3.867.712
38.677.123 excluding amount of net interest expe
Keuntungan dan kerugian aktuarial yang timbul dari perubahan
Actuarial gains and losses arising from asumsi keuangan
4.272.818 48.463.015
changes in financial assumptions Keuntungan dan kerugian aktuarial
yang timbul dari penyesuaian Actuarial gains and losses arising from
atas pengalaman 9.648.991
74.729.758 experience adjustment
Imbal hasil aset program tidak termasuk jumlah yang dimasukkan
Return on plan assets excluding amou dalam beban bunga neto
24.120.159 132.926.933
included in net interest expense Komponen beban imbalan pasti
Components of defined benefit costs yang diakui dalam penghasilan
recognised in other comprehensive komprehensif lain
6.330.638 120.516.553
income Jumlah
23.525.989 170.596.867
Total
AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS FOR THE PERIOD ENDED
MARCH 31, 2016 AND 2015 Expressed in thousands of Rupiah,
unless otherwise stated Continued
- 116 - Liabilitas neto imbalan kerja yang diakui di laporan
posisi keuangan konsolidasian adalah sebagai berikut:
The net liability for employee benefits recognized in the consolidated statements of financial position is
as follows:
31 Maret 31 Desember
March 31, December 31,
2016 2015
Unaudited Audited
Nilai kini dari kewajiban 2.004.661.835
1.978.492.347 Present value of the obligations
Nilai wajar aset 1.649.789.075
1.663.938.275 Fair value of plan assets
Defisit 354.872.760
314.554.072 Deficit
Batasan atas aset yang diakui 10.269.445
11.705.348 Restriction on asset recognized
Liabilitas bersih 365.142.205
326.259.420 Net liability
Mutasi nilai kini liabilitas imbalan adalah sebagai berikut:
Movements of the present value of defined benefits obligations is as follows:
31 Maret 31 Desember
March 31, December 31,
2016 2015
Unaudited Audited
Nilai kini liabilitas imbalan Present value of the benefit
pada 1 Januari 1.978.679.195
1.871.233.632 obligations January 1,
Biaya jasa kini 18.767.183
32.455.103 Current service cost
Biaya bunga 41.166.965
153.546.283 Interest cost
Imbalan dana pensiun yang dibayarkan
21.071.490 110.462.526
Pension benefits paid Iuran peserta
1.041.792 5.453.112
Participant contributions Keuntungan aktuaria pada liabilitas
Gains on actuarial liabilities - Keuntungan kerugian aktuaria
- Actuarial gains losses from dari perubahan asumsi keuanga
4.272.818 48.463.015
change in financial assumption - Keuntungan kerugian aktuaria
- Actuarial gains losses from dari penyesuaian
9.648.992 74.729.758
experience adjustments
Nilai kini liabilitas imbalan Present value of the benefit
pada 31 Maret 2.004.661.835
1.978.492.347 obligation at March 31,
AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS FOR THE PERIOD ENDED
MARCH 31, 2016 AND 2015 Expressed in thousands of Rupiah,
unless otherwise stated Continued
- 117 - Perubahan dalam nilai wajar aset program adalah
sebagai berikut: Changes in the fair value of plan assets are as
follows:
31 Maret 31 Desember
March 31, December 31,
2016 2015
Unaudited Audited
Nilai wajar aset program pada 1 Januari 1.663.938.275
1.723.156.881 Fair value of plan assets at January 1,
Pendapatan bunga 44.874.553
141.297.238 Interest income
Kontribusi pemberi kerja 11.610.956
37.365.090 Employer contributions
Kontribusi peserta 1.041.792
5.453.112 Participant contributions
Pembayaran manfaat 21.058.261
110.407.113 Benefits paid
Pengukuran kembali keuntungankerugian: Remeasurement gainloss:
Keuntungankerugian aktuaria Gainslosses on plan assets
pada aset program 50.618.240
132.926.933 actuarial
Nilai wajar aset program Fair value of plan assets
pada 31 Maret 1.649.789.075
1.663.938.275 at March 31,
Kategori utama aset program sebagai persentase dari nilai wajar jumlah aset program adalah sebagai
berikut: The major categories of plan assets as a
percentage of the fair value of the total plan assets are as follows:
31 Maret 31 Desember
March 31, December 31,
2016 2015
Unaudited Audited
Surat Berharga Negara 5
5 Government Bonds
Kas dan deposito 19
20 Cash and time deposit
Saham 8
9 Stocks
Obligasi 21
21 Bonds
Reksadana 12
12 Mutual funds
Tanah dan bangunan 12
12 Land and buildings
Penempatan langsung 22
21 Direct placement
Imbalan kerja lainnya Other employee
benefits Beban imbalan kerja lainnya yang dibebankan pada
laporan laba rugi dan penghasilan komprehensif lain konsolidasian merupakan jumlah bersih dari:
Other employee benefits expenses recognized in the consolidated statements of profit or loss and
other comprehensive income consists of the net total of the following amounts:
AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS FOR THE PERIOD ENDED
MARCH 31, 2016 AND 2015 Expressed in thousands of Rupiah,
unless otherwise stated Continued
- 118 -
31 Maret 31 Desember
March 31, December 31,
2016 2015
Unaudited Audited
Biaya jasa kini 7.354.558
42.887.078 Current service cost
Biaya bunga 4.010.485
20.904.453 Interest cost
Past service cost and gain loss Biaya jasa lalu yang belum diakui
9.833.804 36.002.161
from settlements Pengukuran kembali liabilitas aset
Remeasurement of the net liabilities imbalan jangka panjang lainnya
233.229 2.368.896
aset of other long-term benefits Komponen dari biaya imbalan pasti
Components of defined benefit costs yang diakui dalam laba rugi
20.965.618 97.424.796
recognised in profit or loss Pengukuran kembali liabilitas
Remeasurement on the net imbalan pasti - neto
defined benefit liability: Keuntungan dan kerugian aktuarial
yang timbul dari perubahan Actuarial gains and losses arising from
asumsi keuangan 4.677.156
48.776.897 changes in financial assumptions
Keuntungan dan kerugian aktuarial yang timbul dari penyesuaian
Actuarial gains and losses arising from atas pengalaman
7.057.247 11.747.325
experience adjustment Komponen beban imbalan pasti
Components of defined benefit costs yang diakui dalam penghasilan
recognised in other comprehensive komprehensif lain
2.380.092 37.029.572
income Jumlah
23.345.710 60.395.224
Total Mutasi nilai kini kewajiban imbalan adalah sebagai
berikut: Movements of the present value of defined benefit
obligations is as follows:
31 Maret 31 Desember
March 31, December 31,
2016 2015
Unaudited Audited
Nilai kini kewajiban imbalan Present value of the benefit
pada 1 Januari 279.362.286
251.575.252 obligations January 1,
Biaya jasa kini 7.354.558
42.887.078 Current service cost
Biaya jasa lalu, termasuk kerugian Past service cost and losses gains
keuntungan dari kurtailmen 9.833.804
36.002.161 from settlements
Biaya bunga 4.010.485
20.904.453 Interest cost
Pembayaran manfaat 30.880.221
32.608.190 Benefits payment
Keuntungan dan kerugian aktuarial Actuarial gains and losses arising from
yang timbul dari liabilitas lain-lain 273.922
2.368.896 other long-term benefits
Pengukuran kembali liabilitas Remeasurement on the net
imbalan pasti - neto: defined benefit liability:
Keuntungan dan kerugian aktuarial yang timbul dari perubahan
Actuarial gains and losses arising from asumsi keuangan
3.615 48.776.897
changes in financial assumptions Keuntungan dan kerugian aktuarial
yang timbul dari penyesuaian Actuarial gains and losses arising from
atas pengalaman 7.057.247
11.747.325 experience adjustment
Nilai kini kewajiban imbalan Present value of the benefit
pada 31 Maret 277.008.466
279.362.286 obligation March 31,
AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS FOR THE PERIOD ENDED
MARCH 31, 2016 AND 2015 Expressed in thousands of Rupiah,
unless otherwise stated Continued
- 119 - Perubahan satu poin persentase asumsi tingkat
diskonto akan memiliki efek sebagai berikut: A one percentage point change in the assumed
discount rate would have the following effects: Kenaikan
Penurunan Increase
Decrease Pengaruh keseluruhan biaya
Effect on the aggregate current jasa
33.331.903 39.005.567
service cost Pengaruh kewajiban
Effect on the employee imbalan kerja
1.327.721.879 1.399.610.072
benefit liabilities Riwayat penyesuaian adalah sebagai berikut:
The history of experience adjustment is as follows:
31 Maret 31 Desember
31 Desember 31 Desember
31 Desember March 31,
December 31, December 31,
December 31, December 31,
2016 2015
2014 2013
2012
Unaudited Audited
Audited Audited
Audited
Dana Pensiun Pension benefits
Nilai kini kewajiban imbalan 2.004.661.835
1.978.492.347 1.871.233.632
1.634.731.827 1.670.034.700
Present value of the obligation Aset program
1.649.789.075 1.663.938.275
1.723.156.881 1.737.531.225
1.376.813.999 Fair value of plan assets
Surplus Defisit 354.872.760
314.554.072 148.076.751
102.799.398 293.220.701
Surplus Deficit Penyesuaian liabilitas
Experience adjustments program
9.648.992 74.729.758
33.505.625 11.426.610
45.706.441 on liabilities
Penyesuaian aset Experience adjustments
program 50.618.240
132.926.933 13.584.461
5.232.377 20.929.509
on plan liabilities Manfaat Lainnya
Other employee benefits Nilai kini kewajiban imbalan
277.008.466 279.362.286
251.575.251 220.811.946
240.134.500 Present value of the obligation
Penyesuaian liabilitas Experience adjustments
program 7.057.247
11.747.325 1.504.001
- 9.124.821
on liabilities
b. Program tunjangan kesejahteraan hari tua b. Old-age
benefit program
Perseroan dan entitas anak SP dan ST memberikan imbalan pascakerja dalam bentuk
Program Tunjangan Kesejahteraan Hari Tua TKHT bekerja sama dengan Asuransi Jiwa
Bersama Bumiputera 1912 AJB BP.
Berdasarkan perjanjian kerja sama tersebut, Perseroan dan entitas anak SP dan ST
membayar premi asuransi kepada AJB BP masing-masing sebesar 5, 8 dan 10 dari
gaji dasar asuransi karyawan, dimana tingkat kenaikan tahunan gaji dibatasi maksimum
sebesar 7,5 per tahun 7 per tahun untuk ST. AJB BP harus membayar manfaat program
tersebut kepada karyawan yang berhak atau kepada tanggungan mereka pada saat
karyawan mencapai usia 56 tahun, mengundurkan diri, atau meninggal atau cacat
berdasarkan perkalian tertentu dari gaji dasar asuransi pada saat manfaat program tersebut
terutang. The Company and its subsidiaries SP and ST
provide post-employment benefits under old- age benefit programs. The Company and its
subsidiaries SP and ST have entered into agreements with Asuransi Jiwa Bersama
Bumiputera 1912 AJB BP under which the Company and its subsidiaries SP and ST pay
insurance premiums to AJB BP at rates of 5, 8 and 10, respectively, of employees’
insurable salaries, which salaries are subject to a maximum annual increase of 7.5 per
annum 7 per annum for ST. AJB BP is obligated to pay program benefits to eligible
employees or their dependants upon employees attaining 56 years of age, upon
resignation, or in event of death or disability of the employees, based on specified multiples of
employees’ insurable salaries at the time benefits are due to be paid.
AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS FOR THE PERIOD ENDED
MARCH 31, 2016 AND 2015 Expressed in thousands of Rupiah,
unless otherwise stated Continued
- 120 - Jumlah beban sehubungan dengan program ini
untuk periode yang berakhir pada tanggal- tanggal 31 Maret 2016 dan 31 Desember 2015
masing-masing sebesar Rp4.236.864 dan Rp9.071.474.
The total expense in relation to these programs during the period ended
March 31, 2016 and December 31, 2015 amounted to Rp4,236,864 and Rp9,071,474
respectively.
Nilai kini kewajiban dan nilai wajar kekayaan atas program tersebut pada tanggal
31 Maret 2016 dan 31 Desember 2015, Rp224.418.295, Rp131.743.352 dan
Rp263.790.569, Rp131.700.274. Perseroan dan SP tidak mengakui liabilitas atas selisih nilai kini
kewajiban dengan nilai wajar kekayaan karena manajemen Perseroan dan SP berkeyakinan
AJB BP akan dapat memenuhi kewajiban tersebut pada saat jatuh tempo.
The present value of the obligations and the fair value of the assets relating to these
programs as of March 31, 2016 and December 31, 2015 Rp224,418,295, Rp131,743,352 and
Rp263,790,569, Rp131,700,274, respectively. The Company and SP do not recognize any
liabilities corresponding to the amount of the program assets, since management of the
Company and SP believe that AJB BP will be able to fulfill its obligations under these
programs on the due dates.
Pada tanggal 31 Maret 2016 dan 31 Desember 2015, saldo liabilitas TKHT ST masing-masing
sebesar Rp47.990.591 dan Rp47.990.591. As of March 31, 2016 and December 31, 2015,
the outstanding balance of old-age employee benefits obligation ST amounted to
Rp47,990,591 and Rp47,990,591, respectively.