public housing savings Archives - Stay Ahead with Heaptalk: Your Go-To Source for Business News https://heaptalk.com/tag/public-housing-savings/ Latest business news media headlines platform today | Lets talk Business Fri, 07 Jun 2024 04:57:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 https://heaptalk.com/wp-content/uploads/2025/04/cropped-fav-icon-48x48-1-32x32.png public housing savings Archives - Stay Ahead with Heaptalk: Your Go-To Source for Business News https://heaptalk.com/tag/public-housing-savings/ 32 32 BPK: Tapera failed to return funds to its participants worth US$34.8m in 2021 https://heaptalk.com/govact/bpk-tapera-failed-to-return-funds-to-its-participants-worth-us34-8m-in-2021/ Fri, 07 Jun 2024 04:57:42 +0000 https://heaptalk.com/?p=32554 Heaptalk, Jakarta — The Audit Board of Indonesia (BPK) reported that the Public Housing Savings (Tapera) Program failed to return savings to 124,960 retirees or their heirs, amounting to approximately Rp567.5 billion or US$34.8 million (US$1 equals Rp16,269) in 2021. In the report numbered 202/LHP/XVI/12/2021 by the Principal State Finance Auditor III, BPK found that […]

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]]> Govt’s reasons for continuing Tapera despite objections from employers and employees https://heaptalk.com/govact/govts-reasons-for-continuing-tapera-despite-objections-from-employers-and-employees/ Wed, 05 Jun 2024 07:58:33 +0000 https://heaptalk.com/?p=32450 Heaptalk, Jakarta — Responding to several objections from diverse parties, including employers and workers, Chief of the Presidential Staff Office (KSP) Moeldoko stated that the government will continue implementing the Public Housing Savings (Tapera) program. Moeldoko explained that Tapera is not a salary deduction but a savings scheme for workers to eventually own a home. […]

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]]> Workers and employers urge the govt to revise public housing savings to be voluntary https://heaptalk.com/news/workers-and-employers-urge-the-govt-to-revise-public-housing-savings-to-be-voluntary/ Mon, 03 Jun 2024 11:39:02 +0000 https://heaptalk.com/?p=32285 Heaptalk, Jakarta — Regulation of public housing savings (Tapera) has triggered diverse opposing reactions from several parties, including workers and employers. The Indonesian Employers Association (Apindo) and the Confederation of Indonesian Trade Unions (KSBSI) are urging the government to reconsider and review the implementation of the Tapera contributions. Shinta W. Kamdani, Chairperson of the Indonesian […]

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]]> Jokowi: People will feel the benefits of public housing savings once the program runs https://heaptalk.com/govact/jokowi-people-will-feel-the-benefits-of-public-housing-savings-once-the-program-runs/ Fri, 31 May 2024 03:03:21 +0000 https://heaptalk.com/?p=31991 Heaptalk, Jakarta — The enactment of Government Regulation (PP) Number 21 of 2024 has sparked controversy among workers. This regulation mandates a 3% employee salary deduction for public housing savings (Tapera), which is set to be enforced in 2027. Responding to the controversy, President Joko Widodo stated in a press release that the public housing […]

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]]> Indonesian Govt obliges workers to save 3% of their salary for public housing https://heaptalk.com/govact/indonesian-govt-obliges-workers-to-save-3-of-their-salary-for-public-housing/ Tue, 28 May 2024 04:11:00 +0000 https://heaptalk.com/?p=31772 Heaptalk, Jakarta — The Indonesian government requires all workers, including private employees, civil servants, the Indonesian National Armed Forces (TNI), and the Indonesian National Police (Polri), to contribute to a public housing savings fund called Tapera. This regulation is stipulated in Government Regulation Number 21 of 2024 (PP No.21/2024) on Amendments to Government Regulation Number […]

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