Indonesian Political, Business & Finance News

Pensioners to get back pay

| Source: JP

Pensioners to get back pay

JAKARTA: At least 2.2 million retirees from the civil service,
the Indonesia Military (TNI) and the National Police will receive
back pay on their pensions soon, after President Megawati
Soekarnoputri gives her approval.

Maurin Sitorus, spokesman for the Ministry of Finance, said in
a statement on Monday that the back pay was calculated from the
difference between the former basic salary and the new one.

The government has sufficient funds at its disposal through
state-owned PT Taspen and Asabri.

"This explanation is to reassure pensioners, who have yet to
receive back pay. The government paid the difference to working
civil servants, military and police officers two months ago,"
Maurin said.

The government increased the basic salary for civil servants,
military and police officers as well as pensioners early this
year. -- JP

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