Ministry result

Ministry to revise Old Age Security regulations by May 2022

Jakarta (ANTARA) – The Ministry of Manpower aims to complete the revision of the Old Age Insurance (JHT) regulations by May 2022, when the Ministry’s Procedures Regulation No. 2 of 2022 and requirements for payment of old-age insurance benefits should come into force.

“We have gone through the process. I expect the harmonization process (to be completed) immediately. It should be completed before the deadline for the promulgation of the Ministry of Manpower 2 of 2022 ends” , Labor Minister Ida Fauziyah said. , said at a press conference here on Wednesday.

“The sooner the better,” remarked Minister Fauziyah.

The minister noted that the revision of the regulations must be completed before May 2022, because if it was not completed before this period, the JHT rules would apply.

The Ministry of Manpower Regulation Number 2 of 2022 was formalized on February 4, 2022 and based on its Article 15, the JHT Regulation would enter into force three months from the date of ratification, which was May 4, 2022.

“Therefore, it must be completed before May 2022. Although May 2022 is the deadline, we will try before the end of May,” Fauziyah stressed.

The review process follows the flow of formation of laws and regulations. It starts with listening to inputs, suggestions and aspirations followed by coordination between related ministries and institutions and finally the synchronization process.

The minister noted that the revision would revert claims for old age insurance to its previous version, which is Ministry of Manpower Regulation Number 19 of 2015.

In addition, regulations will be added to improve the use of JHTs, one of which will promote easier insurance management administratively.

The revision was made after the ministry held a meeting with several stakeholders, such as trade unions and workers.

Their aspirations were then welcomed and used as a foundation, which had been listed in another meeting.

Director General of Industrial Relations and Social Security at the Ministry of Manpower, Indah Anggoro Putri, said during his meeting after the press conference that the published revision will be given a new number.

“The issue is new. Plus 02. It’s an overhaul and improvement,” Putri said.

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