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The Indonesian government raises pension contributions to 8% of monthly salary

Source: www.thejakartaglobe.beritasatu.com
Date: April 9, 2015
Link: www.thejakartaglobe.beritasatu.com
Author: Siprianus Edi Hardum

From 5th of July, the Government of Indonesia is planning to raise the pension contributions from 2% to 8% of an employee’s monthly salary. This new governmental regulation is aimed at refurbishing the country’s pension system.

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