Pension Prospects Still High

Jakarta, Head of Pension Fund Bureau of Bapepam-LK said Mulabasa Hutabarat dapen insurance industry the opportunity to develop the old days because not all the labor pension program of the company. In addition, not all firms in the country is a good retirement plan benefits must be (DPPK) and the transfer of pension fund management to financial institutions (Pension Fund). He expects turnover administrators Indonesian Pension Fund Association (ADPI) as the container can DPPK dapen industry growth faster still remember the huge potential. "We as an authority expects the new management can run a program that is set at the time of General Assembly yesterday (Wednesday) because it is very open growth opportunities especially when this new 2.8 million which was the cover," he told the press yesterday. He compared the management of overseas dapen able to record assets under management of very large approximately USD 100 triliun.Kondisi abroad, he said, became one fund management drivers in the country. Dapen number Mulabasa admitted at this tends to diminish because of a number of factors shrink. However, the number of participants increased from dapen just 2.5 million participants at the end of 2007 to 2.8 million at December 31, 2008. "There is an increase from the participants despite the number dapen reduced. This increase was not significant because this industry must also be supported by all parties, "he said. Total number of active dapen per May 31, 2009, according to Section Institutional Pension Bureau, consisting of 282 reached 256 DPPK and 26 Pension Fund. As for the number 256 is 42 runs DPPK defined contribution retirement plan (PPIP) and 214 with retirement benefit programs