Implementing Regulation For The Old Age Security Program Of The National Security Agency

To implement the National Social Security Agency program, the Indonesian government issued Government Regulation No. 46 of 2015 on the Management of the Old Age Security Program ("GR 46/2015") on 30 June 2015. The Old Age Security Program was previously regulated under Government Regulation No. 14 of 1993 on Implementation of Workers Social Security Program (Jaminan Sosial Tenaga Kerja or Jamsostek) ("GR 14/1993").

Old age security (Jaminan Hari Tua or "JHT") is the benefit given to participants of the program paid altogether in cash. ¹

Participants and Contribution

GR 46/2015 now categorizes participants of the JHT to consist of salary earners and non-salary earners, instead of only employer and employees under GR 14/1993.