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.
Starting this year, all Social Security Organisation (Perkeso) contributors no longer need to pay for medical treatment at panel clinics for work-related accidents and occupational diseases
Under the new rate, the contribution is shared between employers and employees, with employers contributing 10% and employees contributing 5%. Self-employed, voluntary, and non-working spouse members are responsible for the full 15% contribution.
Please be informed that there are adjustment to the social contributions rate in Taiwan, with effective from 1st January 2025.
Exciting updates are on the way for Singapore’s Central Provident Fund (CPF) starting January 1, 2025!