<![CDATA[Pension programs are among the most important forms of employee compensation, offering financial security after retirement. This study aims to calculate the company’s initial payroll contributions to determine regular contributions, actuarial liabilities, and pension benefits using two actuarial projection methods: the Attained Age Normal (AAN) and Individual Level Premium (ILP) methods. The analysis is based on employee data from Puskesmas Binjai Estate, including age, salary, and years of service. It includes computations of pension benefits, normal costs, actuarial liabilities, and net benefits received by employees under each method. The results reveal that the length of service significantly affects both the value of contributions and the actuarial liabilities. Employees with longer service periods result in higher contribution requirements and greater liabilities. Moreover, the Attained Age Normal method produces higher pension benefits compared to the Individual Level Premium method for long-serving employees. However, both methods present financial challenges for employers, as they require higher contributions relative to the benefits promised. Consequently, companies must allocate substantial funding to meet their pension obligations. This study provides a comparative perspective that can assist decision-makers in selecting an actuarial method that balances benefit adequacy and financial sustainability.]]>
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