Actuarial analysis of a proposed unemployment insurance scheme in Indonesia
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Organización Internacional del Trabajo (OIT)
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| Format: | Libro |
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International Labour Organization
2021
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| _version_ | 1874525269199421448 |
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| author | Alexandre Landry Simon Brimblecombe |
| author_facet | Alexandre Landry Simon Brimblecombe Alexandre Landry Simon Brimblecombe |
| contents | Actuarial analysis of a proposed unemployment insurance scheme in Indonesia Alexandre Landry Simon Brimblecombe Consistent with the social insurance principles on which the scheme is established and in line with good practice, the Unemployment Insurance (UI) scheme should be financed through employee and employer contributions. Contributions should be set in such a way as to support a countercyclical stabilization of the economy, namely that its revenue requirements should remain as stable as possible over time. This report recommends that the financing approach of UI scheme in Indonesia is as follows: Employer and employee contributions are set at a fixed percentage rate of salary and at a level to target a reserve fund amount of two times the estimated annual benefit payment commitments in 2030. ILO, 1st ed. publication.book |
| format | Libro |
| id | ilo_995219353402676 |
| institution | Organización Internacional del Trabajo (OIT) |
| publishDate | 2021 |
| publisher | International Labour Organization |
| spellingShingle | Actuarial analysis of a proposed unemployment insurance scheme in Indonesia Alexandre Landry Simon Brimblecombe Actuarial analysis of a proposed unemployment insurance scheme in Indonesia Alexandre Landry Simon Brimblecombe Consistent with the social insurance principles on which the scheme is established and in line with good practice, the Unemployment Insurance (UI) scheme should be financed through employee and employer contributions. Contributions should be set in such a way as to support a countercyclical stabilization of the economy, namely that its revenue requirements should remain as stable as possible over time. This report recommends that the financing approach of UI scheme in Indonesia is as follows: Employer and employee contributions are set at a fixed percentage rate of salary and at a level to target a reserve fund amount of two times the estimated annual benefit payment commitments in 2030. ILO, 1st ed. publication.book |
| title | Actuarial analysis of a proposed unemployment insurance scheme in Indonesia |
| url | https://researchrepository.ilo.org/esploro/outputs/book/Actuarial-analysis-of-a-proposed-unemployment/995219353402676 |