Who Owns the Pension Funds?
The planned merger of all the social security programs has sparked friction. A regulation is needed to provide a reference.
The confusion over the management of pension funds between the Workers Social Security Agency (BPJS Ketenagakerjaan) and companies such as Taspen and Asabri is like a never-ending soap opera. This tug of war would not have happened if the government had been more forthright in implementing the law.
Since the BPJS law was passed in 2011, the government has been neglectful in drawing up a regulation on the management of the transfer of the...