The dilemmatic condition between economic benefits, environmental drawbacks, and social dependency aspects of electronic waste (e-waste) rapid growth requires immediate attention and right policy structurization from the Indonesian government. Currently, regulations in Indonesia regarding the management of e-waste have only covered the collection procedures for the Municipal Environmental Service (DLH) and the recycling procedure for the third-party recycler. Meanwhile, the regulation regarding the various financial and material responsibilities between actors is still in the form of advisory. This paper provides a conceptual model that structures the current e-waste management system and the proposed funding scheme policy. Later, the model understanding of the current actors’ relationship, factors dynamics, and the feasible policy is validated and evaluated by three stakeholders in the system. From these findings, policymakers could use such alternative schemes to improve the nation’s waste management.