PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2013 UNAUDITED AND FOR SIX MONTHS PERIOD ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR SIX MONTHS PERIOD ENDED JUNE 30, 2012 UNAUDITED
Figures in tables are presented in billions of Rupiah, unless otherwise stated
84
34. RETIREMENT BENEFITS OBLIGATION continued b. Pension benefit costs provisions continued
i The Company continued The Company also provides benefits to employees during a pre-retirement period in which
they are inactive for 6 months prior to their normal retirement age of 56 years, known as pre- retirement benefits Masa Persiapan Pensiun or MPP . During the pre-retirement period,
the employees still receive benefits provided to active employees, which include, but are not limited to, regular salary, health care, annual leave, bonus and other benefits. Since 2012,
the Company has issued a new requirement for MPP effective for employees retiring beginning April 1, 2012, whereby the employee is required to file a request for MPP and if the
employee does not file the request, he or she is required to work until the retirement date.
The following table presents the change in projected benefits obligation of MPS and MPP for six months period ended June 30, 2013 and the years ended December 31, 2012:
Juni 30, December 31,
2013 2012
Change in projected benefits obligation Unfunded projected benefits obligation at
beginning of year 2,436
2,440 Service costs
48 104
Interest costs 75
173 Actuarial gains
28 128
Benefits paid by employer 42
153 Unfunded projected benefits obligation
at end of year 2,489
2,436 Unrecognized prior service costs
573 639
Unrecognized net actuarial losses 408
424
Pension benefit costs provisions at end of period 1,508
1,373
The movements of the pension benefit costs provisions during six months period ended June 30, 2013 and the years ended December 31, 2012:
Juni 30, December 31,
2013 2012
Pension benefits costs provisions at beginning of year 1,373
1,067 Net periodic pension costs
206 459
Benefits paid by employer 71
153
Pension benefits costs provisions at end of period 1,508
1,373
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2013 UNAUDITED AND FOR SIX MONTHS PERIOD ENDED
WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR SIX MONTHS PERIOD ENDED JUNE 30, 2012 UNAUDITED
Figures in tables are presented in billions of Rupiah, unless otherwise stated
85
34. RETIREMENT BENEFITS OBLIGATION continued b. Pension benefit costs provisions continued
i The Company continued The components of net periodic pension costs are as follows:
Juni 30, December 31,
2013 2012
Service costs 48
104 Interest costs
75 173
Amortization of prior service costs 66
133 Recognized actuarial losses
17 49
Total net periodic pension costs Note 27 206
459
ii Telkomsel Telkomsel provides a defined benefit pension plan to its employees. Under this plan,
employees are entitled to pension benefits based on their latest basic salary or take-home pay and the number of years of their service. PT Asuransi Jiwasraya Jiwasraya ,
a state-owned life insurance company, manages the plan under an annuity insurance contract. Until 2004, the employees contributed 5 of their monthly salaries to the plan and
Telkomsel contributed any remaining amount required to fund the plan. Starting 2005, the entire contributions are fully made by Telkomsel.
The reconciliation of the unfunded status of the plans with the amounts included in the consolidated statements of financial position as of June 30, 2013 and December 31, 2012 are
as follows:
Juni 30, December 31,
2013 2012
Projected benefits obligation 1,581
1,472 Fair value of plan assets
666 666
Funded status 915
806 Unrecognized items in the consolidated
statements of financial position: Unrecognized prior service costs
Unrecognized net actuarial losses 399
387
Pension benefits costs provisions 516
419
