Tapera Is Not Only For Owning A House, But Also For Renovating A House

Bumi Srijaya Baru Housing Complex in Tambun Bekasi (Wardhany Tsa Tsia / VOI)

JAKARTA - The Public Housing Savings Program (Tapera), which requires all workers to participate, is reaping the spotlight. This is because this program is considered burdensome for workers who already own homes. However, this was denied by the Tapera Management Agency (BP).

BP Tapera commissioner Adi Setianto said, this program has three services that can be used by participants. Not only to buy a house, but also to repair the house you already own.

Adi explained, with the three services there is no reason for workers not to participate in this program. Moreover, the issuance of Government Regulation Number 25 of 2020 concerning Public Housing Savings aims to ensure that the implementation of this program touches all segments of workers with the principle of mutual cooperation.

"So if we look at the map, there are three services that we provide to those who are entitled to receive services, in this case the low-income community (MBR) with a salary of Rp. 4-8 million. If you already have a house? There are service facilities for house renovation and if you have. owning land, there are loans to build houses channeled from banks and non-banks such as multi-faceted companies, "he said, in a video conference with journalists, Friday, June 5.

Furthermore, Adi assessed that the utilization of the Tapera funds could be used according to the conditions of the participants. So, this program does not only benefit one party.

"So if you already have a house for five years, you don't need renovation? Please submit later for distribution through a bank or housing finance institution," he said.

BP Tapera, said Adi, is only tasked with providing liquidity by providing three services that can be used by savers to enjoy financing facilities.

As is known, President Joko Widodo (Jokowi) has signed Government Regulation (PP) No. 25/2020 concerning the Implementation of Public Housing Savings (Tapera) on May 20. The regulation regulates the process of managing the Tapera fund which includes the activities of mobilizing, fertilizing and utilizing it to finance housing for its participants.

This program is for participants who meet the MBR criteria, namely earning a maximum of IDR 8 million and do not own a house, and are entitled to apply for housing finance benefits at low interest rates using the KPR scheme.

This financing benefit can be submitted by participants who meet the criteria after one year of membership, through a variety of bank and other financing institutions available.

Starting in 2021

BP Tapera will start collecting contributions in 2021. Tapera contributions are collected at 3 percent of total wages, with the details of 0.5 percent borne by the employer and 2.5 percent borne by workers who are deducted from their wages. Especially for independent participants, the fees are paid by themselves.

Participation in BP Tapera will end if the worker has retired, namely the age of 58 years. Later, after retiring, participants can get their savings and proceeds from development funds that are placed in bank deposits, government debt securities, and other investments.