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A pension (/ ˈ p ɛ n ʃ ən /; from Latin pensiō 'payment') is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work.
In the United States, a 401(k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401(k) of the U.S. Internal Revenue Code. [1]
The primary social welfare program in South Korea is the Basic Livelihood Security Programme (BLSP), which covers 3% of the country's population (about one fifth of the 15% of South Koreans living in relative poverty). [4] Another program, the National Basic Livelihood Security System (NBLSS) was introduced in 2001. [3]
Retirement is the withdrawal from one's position or occupation or from one's active working life. [1] A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their job for health reasons. People may also retire when they are eligible for private or public pension benefits, although some are forced to retire when ...
In 2016, the BPJS program had a deficit of more than six trillion IDR. However, the deficit ballooned to 32 trillion in only three years. [8] In response, the government issued a policy that increases the monthly premium for access by 80% to 100%. Some people saw the move as placing a burden on low to middle-income citizens. [9] [10] [11]
The Executive Office of the President of the Republic of Indonesia (Indonesian: Kantor Staf Presiden Republik Indonesia, lit. ' Office of Staffs of the President of the Republic of Indonesia ') is a non-structural government agency directly under the auspices of the President of Indonesia.
On 30 March 2021, President Joko Widodo submitted a Presidential Letter to People's Representative Council, which contained a proposal for major changes in the national cabinet, one of which was the merger of the Ministry of Research and Technology and the Ministry of Education and Culture into one ministry named the Ministry of Education, Culture, Research, and Technology.
The Special Forces Training and Education Center (Pusat Pendidikan dan Latihan Pasukan Khusus) abbreviated "Pusdiklatpassus" is the training and education center for recruits and personnel associated with and becoming to join as Commandos in the Army Special Forces Command (Kopassus). As an educational institution, "Pusdiklatpassus" is divided ...