JAKARTA. Employment Social Security Agency (lit. Badan Penyelenggara Jaminan Sosial (BPJS) Ketenagakerjaan/BP Jamsostek) recorded investment funds of IDR 35.36 trillion in 2021. They were 5.45% lower than the targeted amount yet grew 9.37% from the 2020 position.
Anggoro Eko Cahyo, President Director of BP Jamsostek, said that in 2021, the agency realised fresh funds (investment-ready funds) of IDR 32.12 trillion. They were 4.35% lower than the previous year.
“However, the collected investment can increase 9.37%. Thus, it indicates that we are trying to optimise the said reduced fresh funds to generate higher returns,” Cahyo claimed in the public hearing meeting with the Commission IX of the House of Representatives of Indonesia (DPR RI) yesterday (20/1).
According to Cahyo’s words, the total investment management funds of BPJS Ketenagakerjaan in 2021 amounted to IDR 553.5 trillion, climbing 13.64% yoy or 2.05% higher than the predetermined target. The majority of funds, or 81.8% of the total funds, were placed in fixed-income investment instruments. Then, 17.8% of the funds were placed in equity-based instruments, while less than 1% were channelled out to direct investments. Meanwhile, the commissions collected from the users are 8% higher, reaching IDR 79.12 trillion, followed by increased claims of 20.98% to IDR 42.89 trillion. “This is what resulted in the decreased fresh fund realisation in 2021,” he admitted. (AM/ZH)