Fajarasia.co – The Ministry of State-Owned Enterprises (BUMN) will appoint the insurance holding of the BUMN Indonesia Financial Group (IFG) to manage the pension fund investments of state-owned companies which are currently still divided.
“We will slowly integrate the investment management of the pension funds so that the investment strategy and risks can be uniformed, and the certainty of pension payments for BUMN employees can be better in the future,” said Deputy Minister (Wamen) of BUMN Kartika Wirjoatmodjo in a press conference after the 2022 IFG Conference in Jakarta, Monday.
By combining the investment management of state-owned companies’ pension funds, he hopes that there will be no more issues regarding problematic investments in the future.
Therefore, the incorporation of investment management in BUMN pension funds aims to ensure that the assets developed are safe and not used for unclear investments.
Currently, the man who is familiarly called Tiko said the plan had been discussed and there was a study at the Ministry of SOEs.
In addition to ensuring that assets are developed, the incorporation of investment management in state-owned companies’ pension funds aims to manage the growth of assets and liabilities or long-term liabilities so that the assets of retired BUMN employees can match their liabilities.
“Don’t let it be like in Jiwasraya, when people retire when they want to withdraw their assets, they don’t exist. This is indeed a challenge if we look at Jiwasraya or Asabri, so don’t let the same thing happen,” he said.
Meanwhile, the President Director of IFG Robertus Bilitea explained that a detailed study on the merger of the investment management of BUMN pension funds has been carried out and will be presented again to the Ministry of BUMN.
“We will also discuss with the Financial Services Authority (OJK) so we will see what the regulations are like,” said Robertus on the same occasion.
However, he emphasized that the purpose of the merger was clear so that investment management was carried out by one group to ensure the availability of pension funds when they were paid to the recipients.****
