Effective from Mar’19

The Indonesia government has issued an update related with amount of benefits / wage regulation for BPJS Pension Guarantee Program 2019.  

 

o   The contribution rates were applied to wages maximum of IDR 8,094,000 per month (before 1 March 2019) and which has been revised to IDR 8,512,400 per month (1 March 2019 onwards)

o   Minimum Pension Benefits is Rp. 341,400.00 per month and maximum of Rp. 4,095,750.00 per month.

o   The maximum wage as the basis for calculating the pension contributions amounted Rp.8,512,400.00

 

CONTRIBUTION RATE

Effective date Pension Guarantee Program contribution rate
Borne by employer Borne by employees
Before 1 March 2019 2% up to max. IDR 161,880 1% up to max. IDR 80,940
  From 1 March 2019 onwards 2% up to max. IDR 170,248 1% up to max. IDR 85,124

 

The changes will be reflecting in the  payroll reports effective from Mar’19 . Attached.