Financing and Policy Strategies for Pensions in Indonesia

3. 5. Proposed pension design (outline) 2.3 Survivors' pensions 2.1.1 Qualifying conditions 15 years of contributions; or 30 monthly contributions / 36 most recent months 2.1.2 Benefit formulae Widow: 70% x old age pensions Orphan: 50% Mother, father: 20% 2.1.3 Benefit adjustment / indexation (same as old-age pensions) 50% of inflation Financing Contributions on wages: 5% by employers, 3% by employees 12

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