HR Update: Notice on Changes to the Indonesia Pension Plan Wage Limit – 1st March 2025
Effective 1st March 2025, Indonesia’s BPJSTK has announced several changes to the pension plan limit.
Effective 1st March 2025, Indonesia’s BPJSTK has announced several changes to the pension plan limit.
With the approval of the Party Central Committee and the State Council, according to the “National Holidays and Memorial Day Holiday Arrangement” revised in November 2024, starting from January 1, 2025, the public holidays for all citizens will be increased by 2 days, with an additional day added to both the Spring Festival and Labor Day.
Notifications have been received from various local governments to adjust the social contribution and housing fund caps, effective July 1, 2024.