15
4. Land and building
located
in Indonesia
with
the
regulations that placement
in
a
single
party can
not
exceed
15
percent
of
the
total
pension
fund
investment
[Chapter 6 article (1) letter h, i
and g Chapter 9 article (2)]
5. Shares
or
unit
of
mutual
fund
without
any
limitation
of
investment
placement
[Chapter 6 article (1) letter k, Chapter 11]
6. Bank of Indonesia Certificate, with
the
limitation that placement can
not exceed
20 percent of the total pension fund investment [Chapter 6 article (1) letter l]
7. Government bond, with regulation that placement can exceed 20% from the total
Pension Fund investment [Chapter 7 article (1) letter m]
2.1.3 Pension Fund Financial Statement
Under
the
Pension
Fund
Law
No.11
year
1992
plan
administrators
are
required
to
submit
audited
financial
report
periodically. This regulation is supported with the
regulation about the reporting of financial statement under the Government Regulation
No. 76 year 1992, article 18 which stated that plan administrator required to report to the
minister of finance concerning:
1. Financial
report
and
pension
fund
investment
report
which
a
public
accounting
firm has audited.
2. Technical
report
that
prepared
by
the
plan
administrator
according
to
the
regulation set by the finance minister.
3. Actuary report minimum every three years and reported at least five months after
the valuation date.
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