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A fund that employers must set aside for future severance payments under the new labour law.
Topics · 2 stories · Also known as: dana cadangan pesangon, DCP, severance reserve fund, Dana Cadangan Pesangon, severance fund, Severance Reserve Fund
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Employers begin payments into the severance reserve fund, according to media reports · severance reserve fund
Story: Indonesia's new labour law is in force, with severance fund rules still pendingEmployers must hand all severance funds to the Dana Cadangan Pesangon reserve fund · severance reserve fund
Story: Indonesia gives employers until October 2027 to pay severance reserves into state fund