scholarly journals ANALISA PENCATATAN PEMOTONGAN IURAN DANA PENSIUN PT. POS INDONESIA CABANG MANADO

2016 ◽  
Vol 11 (2) ◽  
Author(s):  
Cynthia Imelda Mose ◽  
Inggriani Elim
Keyword(s):  
Old Age ◽  
Analytical Method ◽  
Pension Fund ◽  
Pension Funds ◽  
Civil Servants ◽  
Financial Condition ◽  
Retirement Funds ◽  
Pension Contribution ◽  
Descriptive Method ◽  
Made In

Everyone wants a prosperous life in old age. In the 1970s, people race to sign civil servants because only civil servants who have the assurance of a pension fund. However, in the 1990s after the issuance of Law No. 11 of 1992 on retirement funds, pension funds had not confined to civil servants but also the private sector employees. The purpose of this study was to determine the recording of deducting pension contributions PT. Pos Indonesia Cabang Manado. The analytical method used was descriptive method starts with collecting relevant data with research, analyzes how the recording of deduction contributions to pension funds, and draw conclusions. The results showed that the recording of pension contributions deduction made in accordance with accounting theory and the company only help in collecting and depositing pension contributions to the pension fund account.The company should mantain the recording of pension contribution deduction so the company’s financial condition could be controlled, especially about pension contribution deduction.   Keywords: recording, pension fund

scholarly journals THE CURRENT TAX SITUATION OF OCCUPATIONAL PENSIONS AND PAN‐EUROPEAN PENSION FUNDS

2007 ◽  
Vol 8 (1) ◽  
pp. 45-49
Author(s):  
Gerhard Mudrack
Keyword(s):  
Old Age ◽  
Pension Fund ◽  
Pension Funds ◽  
Member States ◽  
Occupational Pensions ◽  
Cross Border ◽  
Tax Relief ◽  
Old Age Pensions ◽  
Domestic Companies

The main tax obstacle to the functioning of pan‐European pension funds is the exclusion from tax relief of cross‐border contributions. Many Member States have eliminated this obstacle or have announced that they will do this soon. The few Member States which may wish to continue the discrimination against foreign funds may find it very difficult to explain to the ECJ why they cannot do what so many other Member States already have. The conclusion of this article is, therefore, that for most situations, the main tax obstacle for pan‐European pension funds will be eliminated after the implementation date of the Pension Fund Directive, that was by 23 September 2005. The Pension Fund Directive includes the assumptions for a cross‐border activity of company pension funds. Among the existing national regulations of the setting of the systems of old age pensions the member states have to allow domestic companies in line with the Pension Fund Directive to be institution of foreign pension funds, which are licensed in other member states.

scholarly journals Private Pension Fund Performance and Comparison with Basic Investment Instruments in Turkey

2015 ◽  
Author(s):  
Turgut Özkan ◽  
Özge Demirkale
Keyword(s):  
Pension Fund ◽  
Fund Performance ◽  
Pension Funds ◽  
Private Pension ◽  
Portfolio Performance ◽  
Social Expectation ◽  
The Social ◽  
Retirement Funds ◽  
Additional Income

In 2001, after the preparation of legal infrastructure in Turkey, private pension fund system started to be complementary to the Social Security system. There are many expectations from the private pension fund system both socially and economically. Social expectation is to direct individuals to alternative investment instruments to provide additional income for retirement. Economic expectation is to provide long-term funding to support the economic development. Pension fund companies have the most important responsibility to meet these expectations. In this study, the profits of investment instruments and individual pension funds are compared in a long term perspective, using three basic portfolio performance measures. The term between January 2004 and September 2014 have been considered. Investment alternatives have been discussed in detail. BIST100, deposit, gold and currency basket (USD+EUR) are the investment instruments that are compared with individual pension funds. In addition, individual pension funds have been analyzed on company basis and the achievements of the pension fund companies have been revealed during the term mentioned above. According to our analysis, it has been concluded that personal retirement funds lost value considerably, especially due to inflation.

scholarly journals ANALISIS SISTEM DAN PROSEDUR PENGADAAN KAS DAN PEMBAYARAN DANA PENSIUN PADA PT. POS INDONESIA CABANG MANADO

2018 ◽  
Vol 13 (02) ◽  
Author(s):  
Gracia Miranda Putri ◽  
Grace Nangoi ◽  
Stanly Alexander
Keyword(s):  
Distribution System ◽  
Pension Fund ◽  
Pension Funds ◽  
Internal Controls ◽  
Retirement Benefits ◽  
Long Time ◽  
Qualitative Descriptive ◽  
Research Type ◽  
Pension Payments ◽  
Descriptive Method

Pension Funds play a very important role in the development of both economic and social welfare. The Pension Fund is a legal entity that manages and operates a program that promises retirement benefits. Implementation of cash procurement and pension fund payment at PT. Pos Indonesia Branch Manado can be done easily and does not take a long time because it uses a good system and procedures, and can illustrate how the implementation of internal controls on the procurement of cash and pension payments. The research method used in this thesis research is descriptive method whose purpose every data collected is analyzed and then drawn a conclusion and research type used is qualitative descriptive. The results obtained that the system and procedures of cash procurement and payment of pension funds at PT. Pos Indonesia Branch Manado runs well, in accordance with established standards, and is supported by the Fund Distribution system. Implementation of internal controls on the system and procedures of cash procurement and payment of pension funds at PT. Pos Indonesia Branch Manado has been run well because it is implemented in accordance with standard operating policy guidelines procedures and policies of directors.Keywords: System and Procedure, Cash Procurement, Pension Fund Payment.

scholarly journals The Rules of an Occupational Retirement Fund and the Problem of Defaulting Employers: A Reconsideration of Orion Money Purchase Pension Fund (SA) v Pension Funds Adjudicator

2016 ◽  
Vol 19 ◽  
pp. 1
Author(s):  
Thulani Nkosi
Keyword(s):  
Pension Fund ◽  
Pension Funds ◽  
Retirement Fund ◽  
Retirement Funds

This paper reflects on the ongoing challenges presented by certain employers who, whilst deducting occupational retirement fund contributions from their employees' salaries, fail to pay over those contributions to the relevant occupational retirement funds. These employers also often fail to register themselves or their employees as participating members of occupational retirement funds when they are supposed to. Such failures to register with the relevant occupational retirement funds and to pay over fund contributions have disastrous effects on the employees who are at the receiving end of these unlawful practices. This is the case because employees lose the value and use of their salaries through the deductions, and also the benefits of their occupational retirement funds.Although the Pension Funds Act 24 of 1956 is sufficiently responsive and provides adequate mechanisms to guide against this scourge, it is this paper's argument that occupational retirement funds themselves have not done their bit in enforcing the Pension Funds Act. The failure on the part of the funds to enforce the Pension Funds Act by ensuring that fund contributions are collected from participating employers has resulted in, and continues to result in, untold losses on the part of the employees. Properly considered, the paper submits that the failure by occupational retirement funds to enforce the Pension Funds Act has the potential of unjustifiably limiting several of the employee members' constitutional rights.It is not good enough, so argues the paper, for occupational retirement funds to have rules that prohibit them from paying retirement fund benefits where no contributions have been received. It is also not good enough for courts and the office of the PFA to blindly enforce the rules of occupational retirement funds without consistently subjecting them to the Pension Funds Act and the Constitution for validity and legality. It is on this basis that the case of Orion Money Purchase Pension Fund (SA) v Pension Funds Adjudicator is challenged. The case is authority for the principle that the only available remedy to an employee who has been cheated out of retirement fund benefits owing to the employer's failure to make fund contributions is one that compels the fund to calculate those outstanding contributions and demand that total sum from the employer. For various reasons this does not address the problem of defaulting employers, which can be addressed only by properly enforcing the Pension Funds Act and also consistently subjecting the rules to the Act in cases of disputes.

scholarly journals EVALUASI PENERAPAN PERNYATAAN STANDAR AKUNTANSI KEUANGAN NO. 18 MENGENAI AKUNTANSI DANA PENSIUN PADA DANA PENSIUN PT. BANK SULUT

2015 ◽  
Vol 10 (4) ◽  
Author(s):  
Stefanny Tabita Mutiara Sembung ◽  
Jullie J Sondakh ◽  
Hendrik Manossoh
Keyword(s):  
Capital Market ◽  
Qualitative Method ◽  
Pension Fund ◽  
Financial Institution ◽  
Financial Statements ◽  
Pension Funds ◽  
Civil Servants ◽  
Fund Accounting ◽  
The Right ◽  
The Military

Working to meet the needs of this future is not enough. Concerns arise when one thinks of how one day when he is not in the productive age again. In the 70s the retirement program is only held by civil servants and the military alone, but began to enter the era of the 90s and especially after the issuance of  Law No. 11 of 1992 regulating the pensions, the right to a pension fund is open to all workers, private and individual. There are two pension funds accounting reporting rules, regulations under SFAS No. 18 and regulations of the Chairman of Capital Market Supervisory Agency and Financial Institution No. PER-05/BL/2012. This study used a qualitative method starts with collecting relevant data, then comparing the suitability of the application of the pension fund accounting set forth in SFAS No. 18 and regulations of the Chairman of Capital Market Supervisory Agency and Financial Institution No. PER-05/BL/2012 on the pension fund PT. Bank Sulut as the institution that manages the pension fund. The object of research is the pension fund PT. Bank Sulut. Results of the study there are some discrepancies in the application of the financial statements of the pension fund PT. Bank Sulut with SFAS No. 18, while the presentation of the financial statements of the pension fund PT. Bank Sulut has been in accordance with the regulations the Chairman of the Capital Market Supervisory Agency and Financial Institution No. PER-05/BL/2012.

Retirement Funds Rivalry, Voluntary Withdrawal of Membership, and Transfer of Assets During the Period of Employment

2020 ◽  
Vol 32 (2) ◽  
pp. 205-233
Author(s):  
Clement Marumoagae
Keyword(s):  
South African ◽  
Pension Fund ◽  
Legal Framework ◽  
Pension Funds ◽  
The South ◽  
Turn On ◽  
Voluntary Withdrawal ◽  
Municipal Employees ◽  
Retirement Funds

In Municipal Employees Pension Fund v Natal Joint Municipal Pension Fund (Superannuation) & others [2016] 4 All SA 761 (SCA) para 2, Theron JA described the competition for members by different retirement funds associated with the same employer as a ‘turf war’. The Office of the Pension Funds Adjudicator and the South African courts are continually required to adjudicate disputes that arise when retirement funds wrestle each other for members. This article shows that the Pension Funds Act 24 of 1956 does not provide the necessary legal framework that can assist courts to resolve these disputes, which usually turn on the interpretation of individual retirement funds’ rules that are often ambiguous. Further, there is no legislative provision that adequately deals with the circumstances where actively employed members voluntarily initiate a process that will lead to their fund credits being transferred to rival retirement funds. It argues that there is a need for legislative clarity on how voluntary transfer of fund credits impact on the membership of retirement funds, particularly given the fact that, strictly speaking, members cannot be transferred from one fund to the next, whereas their fund credits can, in terms of section 14 of the PFA. Since members cannot be transferred, this article evaluates whether it is sound in law for actively employed employees to remain members of one fund but contribute to a rival fund.

scholarly journals Analisis Status Badan Hukum Dana Pensiun

2020 ◽  
Vol 23 (01) ◽  
pp. 1-12
Author(s):  
Muhhamad Habibi Miftakhul Marwa
Keyword(s):  
Financial Services ◽  
Pension Fund ◽  
Limited Liability ◽  
Pension Funds ◽  
Retirement Benefits ◽  
Legal Entity ◽  
Legal Subject ◽  
The Status ◽  
Retirement Funds ◽  
The Right

Act No. 11 of 1992 about the Pension fund states retirement funds as legal entities that manage and run retirement programs that promise retirement benefits when retired or full duty to participants. As a legal entity of course the pension fund is based on the subject of the law as a human being, which has the right and obligation to do legal action to the other party. Pension funds have a legal entity status and may conduct activities from the date of ratification by the Financial Services Authority. Reviewed from the theory or the terms of the legal entity, the status of the legal entity of the Pension Fund has fulfilled the requirements of the material or formyl in the establishment of pension funds, such as having a separate property from the founders, have a specific goal to Conduct retirement benefits, have their own interests, have a regular organization in the Division of duties and functions between founders, supervisory boards, and managers, and obtain recognition and confirmation from the State authority. While the pension fund as an independent legal entity does not use the form of legal entity such as limited liability company, cooperative, or foundation, because there is a concept in the legal entity that does not conform to the concept of pension funds. Keywords: Legal Subject, Legal Entity, Pension Fund AbstrakUndang-Undang Nomor 11 Tahun 1992 tentang Dana Pensiun menyebutkan bahwa dana pensiun adalah badan hukum yang mengelola dan menjalankan program pensiun yang menjanjikan manfaat pensiun pada saat telah pensiun atau pensiun kepada pesertanya. Sebagai badan hukum, dana pensiun terletak sebagai subjek hukum layaknya manusia, yang memiliki hak dan kewajiban sehingga dapat melakukan perbuatan hukum kepada pihak lain. Dana pensiun berbadan hukum dan dapat melaksanakan kegiatan sejak tanggal persetujuan Otoritas Jasa Keuangan. Dilihat dari teori dan persyaratan badan hukum, badan hukum dana pensiun telah memenuhi persyaratan baik materiil maupun formil dalam pembentukan dana pensiun, seperti memiliki kekayaan yang terpisah dari pendirinya, mempunyai tujuan khusus dalam menyelenggarakan manfaat pensiun, memiliki kepentingan, menyelenggarakan organisasi dalam pembagian tugas dan fungsi antara pendiri, dewan pengawas, dan pengurus, serta memperoleh pengakuan dan pengesahan dari otoritas negara. Dana pensiun sebagai badan hukum mandiri tidak menggunakan badan hukum seperti Perseroan Terbatas, Koperasi, atau Yayasan, karena terdapat konsep dalam badan hukum yang tidak sesuai dengan konsep dana pensiun. Kata Kunci: Subjek Hukum; Badan Hukum; Dana Pensiun  

Schweizer Wald als Geldanlage: Win-win-Strategie für Waldwirtschaft und Pensionskassen? (Essay) | Swiss forest as an investment opportunity: a win-win situation for both the forestry sector and pension funds? (Essay)

2011 ◽  
Vol 162 (2) ◽  
pp. 27-31
Author(s):  
Daniel Häuptli
Keyword(s):  
Value Chain ◽  
Pension Fund ◽  
Pension Funds ◽  
Literature Analysis ◽  
Forest Land ◽  
Investment Opportunity ◽  
Existing Problems ◽  
Monetary Value ◽  
Forestry Sector ◽  
The One

Could there be a win-win situation for both pension funds and the Swiss forestry sector? On the one hand, developments in the forestry sector suggest that the Swiss forest presents a new lucrative investment opportunity. If this is so, then pension funds could be particularly interested, as the low correlation between Swiss forest and other classes of investment, and the long investment periods involved are ideal for pension fund portfolios. On the other hand, large investments made by pension funds could mean that existing problems in Swiss forestry, in connection with its fragmented nature, could be more rapidly solved, and the potential for rationalization in the wood value chain could be fully realized. This would in turn make investments in the forest even more profitable. This hypothesis was investigated through a comprehensive literature analysis, yield calculations for private forestry enterprises of over 50 ha made by the Swiss Federal Office for Statistics 2004–2008, and an interview with the investments director of a large Swiss pension fund. Despite the optimistic assumption that the greater efficiency gained by the investment of pension funds into the forestry sector could lead to costs lower by 50% and a 20% increase in profits, the hypothesis must be rejected, because a calculated annual return of only 0.82% is too low for pension funds. The conclusion is that the price for forest land is high, and forest owners are not only interested in the monetary value of holding forest. Other immaterial values influence prices. It is suggested that a greater emphasis on socioscientific studies concerning the link between the price of forest land and the motivation to buy and sell forest could lead to some important findings.

الفرائد الواردة في سياق الحديث عن الإعراض عن القرآن الكريم

2021 ◽  
pp. arabic cover-english cover
Author(s):  
د. محمود علي عثمان عثمان
Keyword(s):  
Analytical Method ◽  
Semantic Consistency ◽  
Holy Quran ◽  
The Holy Quran ◽  
Descriptive Method

يهدف البحث إلى: الكشف عن ظاهرة التمكّن الدلالي للفرائد القرآنية الواردة في سياق الحديث عن القرآن الكريم، وهي ظاهرة تعكس إعجازه البياني في أسلوبه، ولتحقيق هذا الهدف فقد سلك الباحث المنهج التحليلي اللغوي، والمنهج الوصفي، وخلصت الدراسة إلى أنّ ظاهرة التمكّن الدّلالي للفرائد القرآنية ترتبط بالعلاقات بين البُنى المتوالية للسورة -الواردة فيها الفريدة-بأكملها على وفق: مناسبة دلالة الفريدة معجميا، لسياقها الذي استدعاها، وهاتان العلاقتان مجتمعتان مكّنتا الفريدة دلاليا من التفرّد في سياقها بحيث تؤدّي المعنى المراد كله بدقة ولا يغني غيرُها من مرادفاتها غناءَها، ليثبت بذلك بناؤها واتّساقها الفني وفيضها المتجدد من الظلال والمعاني والدلالات التي تتّسع وتنمو وتفيض وتتجدّد بتدبّر هذه الفرائد، وأوصت الدراسة بمواصلة رَصْد ظاهرة التمكّن الدلالي للفرائد القرآنية الواردة في موضوعات أخرى، وتجديد قراءتنا للقرآن الكريم ومدارسته بما يحقق تدبّره. The purpose of the research is to highlight the phenomenon of the semantic mastery of the Quranic uniques in the context of the Holy Quran, a phenomenon that reflects its graphic miracles in its style and aims to reveal its significance to the purposes of the Holy Quran and its Surah's, to achieve the aim of the study: the researcher used the linguistic analytical method and the descriptive method, the study concluded in its results to phenomenon of the artistic semantic consistency of the Qur'anic authors is related to the relations between the successive structures of the surah - in which the unique - whole is presented according to: a unique and lexical connotation of the context in which they were called, the purpose of the sura and the purposes of the Qur'an, so that the meaning of the whole meaning accurately and does not enrich other synonyms singing, to prove the building and artistic consistency and its renewed flow of shadows and meanings and meanings that expand and grow and overflowing and renewed by meditating in these uniques, the study recommended the continuation of monitoring the phenomenon of semantic mastery of Quranic Uniques mentioned in other subjects and renewal of our reading of the Holy Quran and study it to achieve its meditation.

THE IMPACT OF ICT IN MARKETING LIBRARY SERVICES IN ACADEMIC LIBRARY

2021 ◽  
Vol 9 (1) ◽  
pp. 150-156
Author(s):  
Salamatu Baba ◽  
◽  
Dikuma Ibrahim ◽  
Sanda Grema ◽  
◽  
...  
Keyword(s):  
Information And Communication Technology ◽  
Communication Technology ◽  
Academic Library ◽  
Library Services ◽  
Information And Communication ◽  
The Impact ◽  
Role Of Information ◽  
Descriptive Method ◽  
Made In

In order to promote utilizing the available resource made in any library information has to be taken to the door step of a clientele a such information and communication technology will serve as a catalyst in doing that. This paper has explored the role of information and communication technology ICT in academia and as well as the strategies used in propagating the available services in an academic library this is because tailor made information it is highly required so as to avoid wasting the precious time of academicians and this can be only achieving with the help of information and communication technology software, therefore, descriptive method was adopted in the methodology of this study.

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