Manpower Minister Aims to Finish Revision of JHT Rules before May 4
4 March 2022 12:06 WIB
TEMPO.CO, Jakarta - Manpower Minister Ida Fauziyah said the minister is targeting to complete the revision of Ministerial Regulation (Permenaker) No. 2 of 2022 concerning the procedure for old-age benefit (JHT) before May 4, 2022.
“Hopefully, the revision can complete before May 4. We continue to speed up the process,” said Ida to Tempo on Thursday, March 3.
The ministry planned to return the JHT rules to the previous regulation following harsh criticism from many elements. Permenaker 2/2022 restricts people aged below 56 years from withdrawing their old-age benefits.
As stipulated in the previous regulation of Permenaker 19/2015, the revised policy will allow workers to withdraw the savings before 56 years old.
Ida said Permenaker 2/2022 which was passed on February 4 would be effective three months after the issuance. Thus, the revised one should be completed before it takes effect.
Points that will be revised include the age requirements for JHT withdrawal. The ministry will also simplify the procedures and process for the saving withdrawal.
Along with the revision of Permenaker 2/2022, the Manpower Ministry will start to implement the social security schemes for laid-off workers dubbed JKP.
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FRANCISCA CHRISTY ROSANA