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Reforming the civil service pension and Tunjangan Hari Tua (THT) programs (Английский)

Indonesia's civil service pension program and endowment savings program Tunjangan Hari Tua (THT) are stand-alone retirement programs, distinct from retirement income programs covering other segments of the labor force. The pension program provides civil servants with a lifetime annuity following retirement and is fully funded by the government through the annual budget. The THT program provides lump-sum benefits at retirement as well as pre- and post-retirement...
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