The Jamsostek Jumble

Tempo

January 30, 2007

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The current crisis at PT Jamsostek is worrying. Not just because the company manages the phenomenal amount of Rp74 trillion, but more importantly because these funds belong to the 7.4 million private sector employees who are the companys active members. When the inactive members are included, the total number of participants in this workforce social safety net program comes to 18 million.

So, it does not bode well for these funds to be fought ove

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