Jamsostek Airways
As a worker, the company I work for normally cut few dollars from my already small monthly salary for the workers social security. Payments made to PT Jaminan Sosial Tenaga Kerja (Jamsostek).
Total funds under its management currently reached Rp40 trillion, almost US$4.4 billion. What Jamsostek do with the workers money? Buy stocks, bonds, or other financial instruments. Sometimes they give loans to companies, became bad debts, workers simply can't protest. And just recently Jamsostek planned to invest US$63 million in the technically bankrupt airline PT Garuda Indonesia.
If Jamsostek materialize the plan, and approved by government, we might consider to rename Garuda Indonesia Airways into Jamsostek Airways. Fellow workers, fasten your seat belt, because your pension funds might crash accordingly.
Total funds under its management currently reached Rp40 trillion, almost US$4.4 billion. What Jamsostek do with the workers money? Buy stocks, bonds, or other financial instruments. Sometimes they give loans to companies, became bad debts, workers simply can't protest. And just recently Jamsostek planned to invest US$63 million in the technically bankrupt airline PT Garuda Indonesia.
If Jamsostek materialize the plan, and approved by government, we might consider to rename Garuda Indonesia Airways into Jamsostek Airways. Fellow workers, fasten your seat belt, because your pension funds might crash accordingly.
Labels: Garuda Indonesia, Jamsostek
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posted by yosef at 1:13 AM
2 Comments:
Workers get benefit from Jamsostek investment. We get interest on our JHT. If Jamsostek don't do anything then we can't get maximum benefit.
Every company do their business to make profit, Jamsostek too.
Profit mean investment.
As long they invest base on rule, I think it's not problem.
You just pass judgment on Jamsostek without clear substance.
Jamsostek needs to enhance their service not just the investment.
Bad experienced happens when we want to settle our money. It take ages to claim.
And it is very clear i have a bad judgement to Jamsostek services. How many people that have similar experience ?
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