• Sunday, 20 April 2025

Retirement Age for Workers Rises to 59 Years as of January 2025

Retirement Age for Workers Rises to 59 Years as of January 2025
Illustration - The retirement age for Indonesian workers will increase to 59 years starting January 2025.

SEAToday.com, Jakarta - This retirement age will be the basis for the utilization of the pension insurance program implemented by the Employment Social Security Agency (BPJS TK).

Article 15 paragraph 3 of Government Regulation Number 45 of 2015 concerning the Implementation of the Pension Insurance Program reads

“The retirement age as referred to in paragraph (2) is then increased by 1 (one) year for every 3 (three) years thereafter until it reaches a retirement age of 65 (sixty-five) years.”

The retirement age limit for workers in Indonesia was first set at the age of 56 through PP 45 of 2015. Then, on January 1, 2019, it changed to age 57 and increased by one year every three years thereafter.

Therefore, referring to this regulation, the retirement age of Indonesian workers in 2025 will be 59 years old.

Pension insurance based on this regulation is a social security that aims to maintain a decent standard of living for participants and / or heirs by providing income after participants enter retirement age, experience permanent total disability or die.

Translated with DeepL.com (free version)

Share
Insight Indonesia
Indonesia Responds to US Tariffs with Tax Relief Measures

Indonesia Responds to US Tariffs with Tax Relief Measures

TNI Law Amendments Officially Passed by Parliament

The Bill on Amendments to Law Number 34 of 2004 on the Indonesian National Armed Forces (TNI) has been approved

President Prabowo Leads Meeting on Downstream Industry Accelerati...

President Prabowo Subianto held a limited meeting with several cabinet ministers at his residence in Hambalang, Bogor

Japan's Prime Minister Supports Indonesia to Become a Member of O...

Japan's Prime Minister, Shigeru Ishiba, expressed his support for Indonesia's efforts to become a full member of the Organization for Economic Cooperation and Development (OECD), which currently consists of 38 countries...

Muhammadiyah: Ramadan 2025 Begins March 1, Eid Falls on March 30

Muhammadiyah Central Leadership (PP), Tuesday (7/1), officially set the beginning of Ramadan 1446 Hijri on March 1, 2025. Meanwhile, Eid al-Fitr or Lebaran will fall on March 30, 2025.

Trending Topic
Weather Forecast
Weather Forecast Today: Some Cities Are Expecting Light Rain

Weather Forecast Today: Some Cities Are Expecting Light Rain

Potential Extreme Weather to Hit Western Indonesia

The Meteorology, Climatology, and Geophysics Agency (BMKG) has identified the potential for extreme weather in western Indonesia

The Meteorology, Climatology, and Geophysics Agency (BMKG) Predic...

The Meteorology, Climatology, and Geophysics Agency (BMKG) predicts that high-intensity rainfall will continue until March 11. Although a slight decrease in intensity is expected in the coming days due to weather modific...

Weather Forecast: Light Rain Across Jakarta on Thursday Afternoon

The Meteorology, Climatology, and Geophysics Agency (BMKG) forecasts that all areas of Jakarta will experience light rain on Thursday (2/13) afternoon.

Jakarta Weather Forecast: Rain in the Morning, Clouds Throughout...

The Meteorology, Climatology, and Geophysics Agency (BMKG) has forecasted light rain in several areas of Jakarta on Tuesday morning, including West Jakarta, Central Jakarta, East Jakarta, North Jakarta, and the Thousand...