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The Minister of Manpower ("MOM") recently issued a new regulation governing the Old-Age Benefit (Jaminan Hari Tua or "JHT") Program, i.e., MOM Regulation No. 2 of 2022 dated February 2, 2022...

BPJS Manpower (Indonesia's social security system) has updated the 2026 Pension Security wage ceiling in line with regulatory requirements and GDP growth.

During the Covid-19 pandemic, the Indonesian government has established various policies including restrictions of public activities in several regions to prevent the spread of Covid-19.

On 2 February 2022, the Minister of Manpower ("MoM") issued MoM Regulation No. 2 of 2022 on Procedure and Requirement for Payment of Old Age Security Benefits ("MoM Regulation 2/2022"), ...

As a breakthrough, GR 46/2015 provides an opportunity for participants who have participated for at least 10 years to allocate their JHT benefits to housing ownership for a maximum 30% of JHT amount.

On 30 June 2015, the Indonesian government issued Government Regulation No. 45 of 2015 on the Management of the Pension Security Program and Government Regulation No. 46 of 2015 on the Management of the Old Age Security Program.

As part of the implementation of Indonesia's Financial Services Authority (Otoritas Jasa Keuangan or "OJK") Regulation No. 21 of 2024 on the Periodic Reporting of Pension Funds...

In Indonesia, labour and employment or manpower is governed under Law No. 13 of 2003 on Manpower, as lastly partially amended by Law No. 11 of 2020 on Job Creation, which works as the main "umbrella law" for manpower related regulations.

In general, all employees in Indonesia, including expatriates who work for a minimum of six months in the country, must participate in and make contributions to the National Social Security System...