severance reserve fund

A fund that employers must set aside for future severance payments under the new labour law.

Topics · 2 stories · Also known as: dana cadangan pesangon, DCP, severance reserve fund, Dana Cadangan Pesangon

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Danantara
was named in a Harian Jogja report as the fund manager, without official confirmation · Our story
Financial institution pension funds (DPLK)
is separate from financial institution pension fund arrangements · Our story
Employer pension funds (Dapen)
is separate from employer pension fund arrangements · Our story
Law No. 27 of 2026 on Labour Protection
requires employers to provide a severance reserve fund managed by a government institution · Our story
Indah Anggoro Putri
said the fund will be managed by a government institution appointed by the government · Our story
BPJS Ketenagakerjaan
runs the job-loss benefit programme, separate from the severance fund · Our story
Yassierli
said a government body will be appointed to manage the fund · Our story
Law No. 27 of 2026 on Labour Protection
requires employers to set aside a severance reserve fund · Our story