Table 21.
Territory
Indonesia
(cont'd)
Korea
(Repulic
of)
Type of
me a gure
Compulsory insurance
Title of legislation/
sche me
Labour
Standards Law,
1953, and Industrial Accident
Compensation
Insurance Law, 1963
Coverage
Source of funds..
Employees of Insured person:
all under-
takings
(except family
workers and employees in certain undertakings as prescribed} by President-
ial Decree).
None
Employer:
0.4-6.5% of pay- roll, according
to accident-rates in past five years. (Average premium
rate is 1.18%) --
Qualifying conditions
Survivor pensions:
Bonefits
For widow: 30% of earnings.
For orphan: 15%-20% of earnings for each orphan under 16. Maximum pension: 60% of earnings
Funeral grant:
Cost of buriel not exceeding 12,500 Rupiah (about HK$125)
Immediately upon, Allowance for absence from work: employment
60% of earnings, payable after a waiting period of 7
If the period days for a maximum period of 12 months. of temporary incapacity lasts more than one year, an adjustment (at least by 20 per cent) should be made to the worker's earnings in accordance with the fluctuation of the wages paid to workers of the same trade of the enterprise to which he belongs.
Disability benefit:
Payment according to degree of incapacity which is classified into 14 grades:
Grades 1-3: Either an annuity compensation or lump
sum compensation.
Grades 4-14: Lump sum compensation.
Grade 1 Disability Benefit:
1,340 days' wages in the case of lump sum payment or 240 days' wages annually.
Grade 14 benefit:
Lump sum equivalent to 50 days' wages.
Bereaved family benefit:
1,000 days' wages
Funeral expenses:
90 days' wages
Medical benefits:
Medical treatment, surgery, hospitalisation, medicines, and nursing for a maximum of 2 years. If treatment lasts more than two years, a lump sum equivalent to 1,340 days average daily wage is payable whereby his medical benefits may be terminated.
Administrative organisation
Ministry of Health and Social Affairs (office of
Labour Affairs).
Remarks
Special system for Government employees.