What is DPLK?

Financial Institution Pension Fund (DPLK) is a pension fund established by bank, life insurance companies, or investment managers to manage the Defined Contribution Pension Program (PPIP) for the public, including employees and self-employed individuals, and the Post-Employment Compensation Fund (DKP) or Pension Program for Post-Employment Compensation (PPUKP) for employers.

Benefits for individuals

• Helps meet financial needs during retirement.
• DPLK contributions help reduce Income Tax Article 21 (PPh 21) obligations.
• Encourages regular investment habits.
• Investment returns are exempt from tax.

Benefits for employers

• Reduces Corporate Income Tax and Article 21 Income Tax liabilities when contributions are paid by the company
• Complies with PSAK24 and helps provide reserves for post-employment benefits.
• Enhances employee engagement.
• Investment returns are tax - exempt and assist in cash flow management.

1. Pensiun Hijrah (PPIP)
   Investment for Blessed and Prosperous Employee Pension Benefits. An investment designed to provide blessed and prosperous pension benefits with optimal returns, tax-free investment income, and light pension benefit taxation. This is an individual pension fund investment, which can be made personally or through the company, in accordance with Law No. 4 of 2023.
   Contributions made through the company may come from the employee, the employer, or both, and the account is registered under the participant’s name.

2. Pensiun Hijrah Executive (PPIP Executive)
   Investment for the Post-Tenure Period of Directors, Commissioners, and Managers. An investment designed to provide blessed and prosperous post-tenure benefits with optimal investment returns, tax-free investment income, and light pension benefit taxation, which may also include insurance protection. This pension fund investment for Directors, Commissioners, and Managers (through the company) is based on tenure, in accordance with Law No. 4 of 2023.
   Contributions are typically made by the employer and may include insurance coverage. The account is registered under the participant’s name.

3. Pensiun Hijrah Post-Employment (PPUKP/DKP)
   Optimization of Company Funds (Pooled Fund). Optimization of company funds through a pooled investment scheme to reserve post-employment compensation for employees, offering optimal investment returns, tax-free investment income, and light pension benefit taxation. The establishment of reserves and post-employment compensation payments by the company are carried out in accordance with labor regulations (Law No. 6 of 2023).
   This program helps reduce reserve obligations under PSAK 24 and minimize corporate tax liabilities and the account is registered under the company’s name.