Pension Fund LIABILITAS IMBALAN KERJA EMPLOYEE BENEFITS LIABILITIES
AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS FOR THE PERIOD ENDED
MARCH 31, 2015 AND 2014 Expressed in thousands of Rupiah,
unless otherwise stated Continued
- 109 -
31 Maret 2015 March 31, 2015 31 Desember 2014 December 31, 2014
Unaudited Unaudited
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 mortalitaof mortality rate
10 dari tingkat mortalitaof mortality rate Disability 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 8,2 per tahunper annum
8,2 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 umur di bawah 30 tahun 1 ST: 0,5 untuk umur di bawah 30 tahun
dan menurun secara linear sampai 0 pada umur 53 tahun dan menurun secara linear sampai 0 pada umur 53 tahun
Tingkat pengunduran diri SP: 52 tahun 1 ST: 0,5 at less
SP: 52 tahun 1 ST: 0,5 at less Voluntary resignation rate
than 30 years of age and reducing linearly to 0 than 30 years of age and reducing linearly to 0
at 53 SP: 52 years years of age at 53 SP: 52 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.
Imbalan Pensiun Pension Benefits
Beban imbalan kerja yang dibebankan pada laporan laba rugi komprehensif konsolidasian merupakan
jumlah neto dari: Employee benefits expense recognized in the
consolidated statement of comprehensive income consists of the net total of the following amounts:
31 Maret 31 Desember
March 31, December 31,
2015 2014
Unaudited Unaudited
Biaya jasa kini 31.310.697
30.012.383 Current service cost
Biaya bunga 10.690.865
573.484 Interest cost
Biaya jasa lalu -
155.633.049 Past service cost
Beban 42.001.562
185.071.948 Expense
Estimasi terbaik Perseroan atas iuran dalam aset program pensiun di 2015 adalah sebesar
Rp128.745.306. The Company expects to contribute
Rp128,745,306 to its pension benefit pension plans in 2015.
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:
AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS FOR THE PERIOD ENDED
MARCH 31, 2015 AND 2014 Expressed in thousands of Rupiah,
unless otherwise stated Continued
- 110 -
31 Maret 31 Desember
March 31, December 31,
2015 2014
Unaudited Unaudited
Nilai kini dari kewajiban 1.892.152.613
1.846.602.291 Present value of the obligations
Nilai wajar aset 1.743.425.540
1.718.220.842 Fair value of plan assets
Liabilitas neto 148.727.073
128.381.449 Net liability
Mutasi nilai kini liabilitas imbalan adalah sebagai berikut:
Movements of the present value of benefit obligations is as follows:
31 Maret 31 Desember
March 31, December 31,
2015 2014
Unaudited Unaudited
Nilai kini kewajiban imbalan Present value of the benefit
pada 1 Januari 1.846.602.291
1.620.090.585 obligations January 1,
Biaya jasa kini 31.310.697
30.012.383 Current service cost
Biaya bunga 152.934.648
145.808.153 Interest cost
Iuran peserta 5.558.633
5.171.819 Participant contributions
Imbalan dana pensiun yang dibayarkan 156.378.949
55.751.898 Pension benefits paid
Perubahan program -
40 Change in program
Keuntungan aktuaria pada liabilitas 12.125.293
10.232.587 Gains on actuarial liabilities
Nilai kini liabilitas imbalan Present value of the benefit
pada 31 Maret 1.892.152.613
1.846.602.291 obligation March 31,
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,
2015 2014
Unaudited Unaudited
Nilai wajar aset program pada 1 Januari 1.718.220.842
1.626.462.629 Fair value of plan assets at January 1
Imbal hasil ekspektasian aset program 142.243.783
146.381.637 Expected return
Iuran oleh pemberi kerja 33.781.231
31.319.275 Contributions by employer
Iuran oleh peserta program 5.558.633
5.171.819 Contributions by employee
Imbalan yang dibayarkan 156.378.949
99.881.151 Benefits paid
Keuntungan aktuaria pada aset program
- 8.766.633
Actuarial gain on plan asset
Nilai wajar aset program Fair value of plan assets
pada 31 Maret 1.743.425.540
1.718.220.842 at March 31,
Kategori utama aset program sebagai persentase dari total 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,
2015 2014
Unaudited Unaudited
Surat Berharga Negara 8
8 Government Bonds
Kas dan deposito 18
18 Cash and time deposit
Saham 19
19 Stocks
Obligasi 35
35 Bonds
Reksadana 15
15 Mutual funds
Tanah dan bangunan 5
5 Land and buildings
AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS FOR THE PERIOD ENDED
MARCH 31, 2015 AND 2014 Expressed in thousands of Rupiah,
unless otherwise stated Continued
- 111 - Imbal hasil aktual aset program selama
31 Maret 2015 dan 31 Desember 2014 masing- masing adalah sebesar Rp142.243.783 dan
Rp146.381.637. Actual investment income on plan assets during
March 31, 2015 and December 31, 2014 amounted of Rp142,243,783 and Rp146,381,637 respectively.
Imbalan kerja lainnya Other employee
benefits Beban imbalan kerja yang dibebankan pada laporan
laba rugi komprehensif konsolidasian merupakan jumlah bersih dari:
Other employee benefits expense recognized in the consolidated statement of comprehensive income
consists of the net total of the following amounts:
31 Maret 31 Desember
March 31, December 31,
2015 2014
Unaudited Unaudited
Biaya jasa kini 30.571.984
38.958.679 Current service cost
Biaya bunga 20.516.470
19.595.699 Interest cost
Amortisasi dari: Amortization of:
- Biaya jasa lalu yang belum diakui 5.831.436
8.022.823 - Unrecognized past service cost
Beban 56.919.890
66.577.201 Expense
Liabilitas neto imbalan kerja lainnya yang diakui di laporan posisi keuangan konsolidasian adalah
sebagai berikut: The net liability for other employee benefits
obligations recognized in the consolidated statements of financial position is as follows:
31 Maret 31 Desember
March 31, December 31,
2015 2014
Unaudited Unaudited
Nilai kini dari kewajiban 254.862.217
247.904.738 Present value of obligation
Nilai wajar aset -
- Fair value of plan assets
Liabilitas neto 254.862.217
247.904.738 Net liability
Mutasi nilai kini kewajiban imbalan adalah sebagai berikut:
Movements of the present value of benefit obligations is as follows:
31 Maret 31 Desember
March 31, December 31,
2015 2014
Unaudited Unaudited
Nilai kini kewajiban imbalan Present value of the benefit
pada 1 Januari 247.904.738
217.730.003 obligations January 1,
Biaya jasa kini 40.174.216
38.958.679 Current service cost
Biaya bunga 20.516.470
19.595.699 Interest cost
Imbalan dana pensiun yang dibayarkan 33.301.162
41.121.987 Pension benefits paid
Kerugian aktuaria 20.432.045
12.742.344 Actuarial loss
Nilai kini kewajiban imbalan Present value of the benefit
pada 31 Maret 254.862.217
247.904.738 obligation Maret 31,
AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS FOR THE PERIOD ENDED
MARCH 31, 2015 AND 2014 Expressed in thousands of Rupiah,
unless otherwise stated Continued
- 112 - 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
46.871.549 52.091.424
service cost Pengaruh kewajiban
Effect on the employee imbalan kerja
1.728.248.522 1.807.305.911
benefit liabilities Riwayat penyesuaian adalah sebagai berikut:
The history of experience adjustment is as follows:
2015 2014
2013
Dana Pensiun Pension benefits
Nilai kini kewajiban imbalan 1.743.425.538 621.028.531
1.009.039.832 Present value of the obligation
Aset program 1.743.425.538
1.718.220.842 1.626.462.629
Fair value of plan assets Surplus Defisit
3.486.851.076 1.097.192.311
4.465.379 Surplus Deficit
Penyesuaian liabilitas Experience adjustments
program 15.939.658
40.338.268 4.648.229
on liabilities Penyesuaian aset
Experience adjustments program
- 8.766.633
5.232.377 on plan liabilities
Manfaat Lainnya Other employee benefits
Nilai kini kewajiban imbalan 125.295.345
236.748.290 146.372.554
Present value of the obligation Penyesuaian liabilitas
Experience adjustments program
2.412.010 3.626.734
4.525.013 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.
Utang premi asuransi pada tanggal 31 Maret 2015 dan 31 Desember 2014 masing-
masing sebesar RpNihil dan Rp3.178.720. Insurance premiums payable as of
March 31, 2015 and December 31, 2014 amounted to RpNil and Rp3,178,720,
respectively.
Jumlah beban sehubungan dengan program ini untuk periode yang berakhir pada tanggal-
tanggal 31 Maret 2015 dan 31 Desember 2014 masing-masing sebesar Rp5.969.378 dan
Rp12.976.714. The total expense in relation to these
programs during the period ended March 31, 2015 and December 31, 2014
amounted to Rp5,969,378 and Rp12,976,714, respectively.
AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS FOR THE PERIOD ENDED
MARCH 31, 2015 AND 2014 Expressed in thousands of Rupiah,
unless otherwise stated Continued
- 113 - Nilai kini kewajiban dan nilai wajar kekayaan
atas program tersebut pada tanggal 31 Maret 2015 dan 31 Desember 2014,
Rp224.710.220, Rp126.834.877 dan Rp224.710.220, Rp126.834.877. 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, 2015 and December
31, 2014 Rp224,710,220, Rp126,834,877 and Rp224,710,220, Rp126,834,877, respectively.
The Company and SP do not recognize any liabilities corresponding to the amount of the
program assets, since management of the Company and its subsidiaries believe that AJB
BP will be able to fulfill its obligations under these programs on the due dates.
Pada tanggal 31 Maret 2015 dan 31 Desember 2014, ST mengakui penambahan provisi untuk
imbalan kerja masing-masing sebesar Rp36.388.468 dan Rp36.388.468.
As of March 31, 2015 and December 31, 2014, ST recognized additional provision for employee
benefits amounting to Rp36,388,468 and Rp36,388,468, respectively.