Abstract:
The pension fund program is a type of future planning that tries to assure a person’s
safety and comfort in old age. This article discusses the normal cost of the pension
fund using the projected unit credit method in the case of multiple decrement. Based
on data service table PT. Taspen Pekanbaru City Branch with three cases, namely
normal retirement, withdraw retirement, and disability retirement, to determine the
probability of surviving and leaving the pension fund program participants using
uniform distribution assumptions. The calculation of normal normal cost of the
pension fund in this article uses the projected unit credit method. The solution
to the problem is obtained by determining the initial life annuity in the multiple
decrement case, the amount of the pension benefit based on the last salary, and
the present value of the pension benefit, then obtaining normal cost of the pension
fund formula using the projected unit credit method in the in the case of multiple
decrement. The amount of normal pension contributions in the cases of normal
pension and disability pension is smaller than the normal contribution for early
retirement.
