JAKARTA - Until now, most of the investment placements from BP Jamsostek are still in fixed income instruments, which reach 74%, so the risk is at minimum level.

BPJS Watch Advocacy Coordinator, Timboel Siregar, said that the investment placement was still safe and in accordance with regulations, especially in helping state finances, because 64% of the 74% investment in fixed income, were placed in debt securities. BP Jamsostek has always been involved in absorbing debt securities issued by the state.

The details of the total investment placement are 64% debt securities, 17% shares, 10% time deposits, 8% mutual funds and 1% direct investment.

Until early 2021, BP Jamsostek managed funds amounting to IDR 494.06 trillion, nearly double the amount since 2016. (AM/VA)