Government Regulation in Lieu of Law No. 1 Year 2020 on State Financial Policy and Stability of Financial Systems for the Management of Corona Virus Disease 2019 (Covid-19) and/or Encounter the Threat to National Economy and/or Stability of Financial Systems

Background Along with the increasing cases of Corona Virus Disease 2019 (“Covid-19”) in Indonesia, on March 31, 2020 the President of the Republic of Indonesia stipulated 3 related regulations as a form of response to the pandemic namely Presidential Decree No. 11...

The Arrangement for Pension Guarantee Program

Background Pension Guarantee Program is regulated under Government Regulation No. 45 of 2015 on the Arrangements for Pension Guarantee Program (“GR 45/2012”).  GR 45/2015 has been enacted since 1 July 2015. Pension Guarantee is defined as social guarantee which is...