Abstract:
Internal control is important for the company in doing their business to survive. In the companies that engaged in the PNS Social Insurance field, a proper internal control system over pension payment is really important to ensure that all operating should be controlled. Further, most of the companies implement their internal control by online connection. This writing’s objectives are to determine the method and implement of internal control system, assess the effectiveness of the system, identify any problems and formulate recommendation to overcome.
This is qualitative research done to assess the implementation of Internal Control system in PT Taspen (Persero). The company engaged in the PNS Social Insurance field, located in Cempaka Putih, Jakarta. The writer collected and processed the data through audit procedures such as Inquiry of the client, Documentation / library research, Observation, Confirmation, and Site Visit.
From the research that has been done, the writer has found some findings both positive and negative. The positive finding is, the implementation of internal control over pension payment of PT Taspen (Persero) is well. Moreover, Taspen implement internal control system called SPI (Satuan Pengawasan Intern) and the company also implemented Audit Comittee & Risk Management, complete with work programs which are very effective to control pension payment activity. The negative finding is, Internal control system of PT Taspen (Persero) over pension payment has a weakness that is the cashier / staff unable to get information about the participants that has passed away and causing authorization person misuses the authority to receive the pension payment even after the participant has passed away, and SPI is still has a problem with the limited number of auditors which are competent and licensed causing SPI has not been able to do Program Kerja Audit Tahunan (PKAT) at 48 branch offices at once in one year.
To overcome the problems, there is some recommendation that company can do such as increase the number of auditors which are competent and licensed and optimize job performance for every Auditor in a year so the company be able to implement Program Kerja Audit Tahunan (PKAT) at the entire branch offices in one year; check directly and physically the existence of the participants to survey the participant’s existing conditions.
