Insurance and Pension Fund Management

Insurance Management
Insurance is a business system that provides protection or financial (compensation) for life, property, health etc. Insurance is used to obtain reimbursement of events that can not be expected to occur such as death, loss, damage or illness, which involves the payment of premiums on a regular basis within a specified period in exchange for a policy that ensures the protection.

Pension Funds
Under Law No. 11 of 1992, in Indonesia know the 3 types of pension funds, namely:

• employer pension funds, the pension fund established olehè person or entity that employs the employees, as the founder, and for a defined benefit pension plan or a defined contribution pension plan, for the benefit of part or all of its employees as participants, and create liability against the employer.  
• Pension funds financial institutions, is a pension fund that dibentukè by banks or insurance companies to defined contribution pension plans, for individuals, both employees and independent pkerja separate from employer pension fund for employees atai bank life insurance company.  
• Pension funds based on profit, is a pension fund employer defined contribution pension plan, the employer's contribution is only based on a formula linked to the advantage of employers.

Benefit pension fund

• Normal retirement benefits, pension benefits for participants is that the participants began to be paid upon retirement after reaching normal retirement age or later.

• retirement benefits, pension benefits for participants are paid when participants retire at a certain age before normal retirement age.

• disability pension benefits, pension benefits for participants are paid when the participant becomes disabled

 

Differences insurance and pension funds

a). PENSION PLAN

Is a product of Employer Pension Fund (EPF) or Financial Institution Pension Fund (Pension Fund). This product can be marketed their own company-specific internal or external to the market. Some QUOTE company employees in pension plans held by the Pension Fund but some are self-administered. Some examples are the Pension Fund: Pension Fund Manulife, Winterthur Life, Bringinlife, Allianz, and others. While some examples of EPF are: EPF Garuda, Samudera Indonesia, Pertamina, etc. INCO. In the midst of this era of bancassurance; DPLK product can be marketed through the banks as an example: DPLK BRI BRI marketed in counter, Product "Symphony" DPLK BNI BNI is marketed as a product, and so on.
Simplified pension product can be understood as a product of the general public "savings bank". Pension Fund has the following characteristics:

• The results follow the results of the managed fund investments made by investment managers with diverse investment placement options. Average Pension Fund / Pension Fund to provide funding growth assumption of 10-22%.

• Investment returns are subject to a variety of costs depending DPLK / EPF. Some common expenses are: registration fees, management fees, withdrawal fees, removal costs and other types of investment.

• The investment income will be taxed progressively in accordance with Law No. 11/1992 regarding the pension fund.

b). INSURANCE PLAN
Is a product of insurance, to meet the rapidly growing especially Law No. 13/2002 on Labour. Some insurance companies named this product as Old Age Security (JHT) as PT. Social Security, or Old Age Savings (ENT) / Old Age Welfare (KHT) in several other insurance companies.
Pension insurance products primarily intended for:

• Meets the value of employee severance in the event of layoffs, for example employees worked many years it will receive severance pay many times the final salary. Emphasis on pension insurance products are a MUST RESULT Act mandated as reply.

• Provide funds in case of the death and disability risks. The employee will receive a death benefit for heirs or disability compensation.

On the second point is the salient difference with Insurance Retirement Pension Funds in addition to the pension insurance WILL RESULT.

Source :

http://kelolauang.com/www.

http://hery-yaningsih.blogspot.com/

http://id.wikipedia.org/wiki/Asuransi

http://id.wikipedia.org/wiki/Dana_pensiun

Tax Function

Taxes have a very important role in the life of the state, particularly in the implementation of development as a source of state income tax to fund all expenses including development expenditure. Based on above, the tax has several functions, 

Budget function (budgetair)
As a source of state revenue, taxes serve to finance the expenses of the state. To carry out routine tasks and carry out the construction of the state, the state requires a fee. This fee can be obtained from the tax revenue. Currently, taxes are used to finance routine as personnel expenditure, spending on goods, maintenance, and so forth. To finance the construction, saving money is spent from the government is that domestic revenues minus expenditures. The government savings from year to year should be increased according to the needs of the ever increasing development financing and is primarily expected from the tax sector.

Function set (regulerend)
Government can regulate economic growth through tax policy. With the function set, the tax could be used as a means to an end. For example in order that capital investment, both domestic and abroad, given the wide range of tax relief. In order to protect domestic production, the government set a high import duties on foreign products.

Stability function
With the tax, the government has the funds to implement policies related to price stability so that inflation can be controlled, This can be done for example by regulating the circulation of money in the community, collecting taxes, use taxes are effective and efficient.

Functions of redistribution of income

The tax levied by state will be used to finance all public interest, as well as to finance the building so it can open up employment opportunities, which in turn will be able to increase incomes.

Source : http://korandemokrasiindonesia.wordpress.com/2009/11/28/aturan-dan-hukum-perpajakan-di-indonesia/

Cristiano Ronaldo The Soccer Star Player

Cristiano Ronaldo, (born in Funchal, Madeira, Portugal, February 5, 1985) is a Portugal football player. He can play as a winger plays as a left or right as well as center forward. He currently plays for the Spanish team, Real Madrid, and for the Portuguese national team. Before playing for Real Madrid, he never played in the Sporting Lisbon and Manchester United. Players are often numbered back 7 on the gridiron is also familiar with the title CR7, a combination of his initials with his back number.
Ronaldo was born in Madeira, Portugal, the son of Maria Dolores dos Santos Aveiro and José Dinis Aveiro. She has an older brother named Hugo, and two older sisters, Elma and Liliana Cátia. Liliana Working as a singer with the stage name "Ronalda" in Portugal.] The second name given to Cristiano ("Ronaldo") is relatively rare in Portugal. On 3 July 2010, Cristiano announced that he had become the father of a boy named Cristiano, and he stated that his son was full custody of Ronaldo.
Ronaldo is a football player who can play with both feet, which makes him able to play anywhere: right, left or through the middle. This resulted in Ronaldo and his fellow football players in Manchester United's Ryan Giggs can exchange positions.
Ronaldo has superb technical ability. In addition to multi-step-over movement, he also developed many other skills, makes him very agile and as a winger that can not be predicted movement. Besides the ability to process incredible ball, he is also an expert in executing the dead balls, that's what makes it one of the most dangerous player for his opponent, he can score in any way and from any distance.
Ronaldo had a very physically primed to play in any position in front, making him dangerous to the players of the opposing team survive. Speed, accuracy, and determination make it one of the 2 best players in the world today: Messi and Cristiano Ronaldo
The following are the tricks that are used Cristiano Ronaldo, who became the hallmark of his game on the gridiron:

• Step Over

• Reverse Step Over

• Ronaldo Chop (further development of ala Ronaldo Cruyff Turn)

• Rabona

At the end of 2011, Castrol, giant oil companies of America which makes the iconic star Cristiano them, make a video documentary entitled "Ronaldo: Tested to the Limit", which show the physical ability test results Ronaldo as an athlete. There, the test results show why Cristiano Ronaldo 'special' than other ball players of his time. 

 

Source: wikipedia.org

Tugas Toefl 3

2. Question : We looked at five cars today. The first two were far too expensive, but ____ were reasonably priced.

Answer : We looked at five cars today. The first two were far too expensive, but the other cars were reasonably priced


10. Jack has a lot of empty papers. He wants to use them for the task. He is going to take five papers. He is now using one paper. After that,he will take ______ . Then he will put _________ for later on.

answer: Jack has a lot of empty papers. He wants to use them for the task. He is going to take five papers. He is now using one paper. After that, He will take others. Then He will put the other for later on.


5. Question : There are many people in this Mall. Some people are on the third floor. ___ are on the second Floor, shopping. ___ are on the first floor, watching the performance. ___are on the basement.

Answer : There are many people in this Mall. Some people are on the third floor. Other People are on the second Floor, shopping. Other ones are on the first floor, watching the performance. Others are on the basement.

bahasa inggris 2 toefl

2. The question : we could sell,or we could buy a car.

    Answer        : We either could sell or buy a car

0. The question : Mary is riding a horse.John is riding a horse.

       Answer      : Either Mery or John is riding horse.

5. The question : john can have tea,or john can have coffee.

       Answer      :  Neither John can have tea nor coffee.

Tugas Toefl

name: Hendra

class: 3eb04

npm: 23210205

2. If baby geese is hatched in the absence of their mother, they  will follow the first 

                A                     B                C           D

moving object they see.

Answers: A

It should be will have

10. Our friends might stopped  to see us  on  their  way to California.

     A            B        C     D

Answers: A

It should be Stop

5. The examination will test  your ability to understand spoken English, to 

A       B

readnon-technical language, and writing  correctly.

C         D

Answer: C

It should be written