Implementation Accounting For The Pension Fund and The Effect to The Financial Statements on The Company PDAM Tirta Pakuan Bogor

Abstract

Abstract. The purpose of this study is to analyze the implementation of the pension fund on Employer's side and describe the effect of the implementation of the pension fund in the
Financial Statement.
In conducting the study the authors find the data related to the pension fund that applied by
PDAM Tirta Pakuan and financial statement that have been made by PDAM Tirta Pakuan
to know how the application of the Pension Fund, which was held at the PDAM Tirta
Pakuan is in conformity with the standards used and apply, and how they the presentation
of the financial statement in question.
Intensive search result on Pension Fund PDAM Tirta Pakuan Bogor shows that PDAM
Tirta Pakuan apply manifold Defined Benefit Pension Fund, the end result comes from
dues are deducted from the employee's salaries coupled with contribution coming from the
the company. The results of the calculation of the Defined Benefit Pension Fund has not
been established completely (funds not yet met) because the wealth to funding is less than
the Solvency Liabilities. In addition PDAM Tirta Pakuan also work with PT. Jiwasraya
insurance to guarantee old days. Financial statements made by PDAM Tirta Pakuan
associated with presentation on Pension Fund are ini accordance with GAAP ETAP.
Keywords; Implementation Accounting of Pension Fund , financial statements.