If you study the section 9.4.4 of the PDF specification ISO 32000-1 (see below), you'll see that no special kerning information (e.g. extracted from the font program) are included in the calculation of the glyph displacement.
You'll also see, though, that there is a Tj value which denotes a number in a TJ array, if any, which specifies a position adjustment. This value is used to implement kerning.
E.g. that phrase "denotes a number in a TJ array, if any, which specifies a position adjustment" from the specification itself is set as:
[( de)-5.5(no)-5.5(te)-5.5(s a nu)-5.5(m)-5.7(b).5(e)-5.5(r).3( in a )]TJ
...
You see for example kerning applied in denotes between 'e' and 'n', 'o' and 't', and 'e' and 's'.
The section from the specification: