Expanding International Partnership Network, TASPEN Welcomes Visit From The National Social Security Institution From Cambodia

JAKARTA - PT TASPEN (Persero) is committed to continuing to expand its partnership network with institutions and institutions, both at the national and international levels, in order to optimize synergies and innovations in the management of the Pension Fund in Indonesia. In an effort to support this, TASPEN welcomed the visit of the public institution managing National Social Security from Cambodia, the National Social Assistance Fund (NSAF), in the Asian Civil Service Pension Association (ACSPA) Chairman Meeting.

On this occasion, both the Cambodian NSAF delegation and TASPEN shared experiences and knowledge about the management of pension funds, social insurance, and service innovation in each country in the hope of inspiring both parties to adopt new technologies, business processes, and strategies to improve product or service quality.

The NSAF delegation, led by the Deputy Director General of NSAF, Khem Sam Ath and accompanied by the Deputy Director of Administrations and Human Resource Management Department, Im Bunchhoeun, was welcomed by Plt. TASPEN President Director Rony Hanityo Aprianto and TASPEN Planning and Actuarial Director, Feb Sumandar at TASPEN Headquarters, Jakarta, Wednesday, August 28.

TASPEN Corporate Secretary Pudiastuti Citra Adi explained that this visit from the Cambodian NSAF is an honor and pride for TASPEN in strengthening relations between the two countries to achieve a common goal in managing social security. TASPEN believes that the partnership that has been established with the Cambodian NSAF can bring ongoing benefits and make a positive contribution to ACSPA.

"Through this synergy with the Cambodian NSAF, it will strengthen TASPEN's efforts to realize the welfare of the participants in line with the company's commitment to provide reliable services to ASN and Retirement in Indonesia," he explained, in a written statement, Tuesday, September 3.

In 2023, TASPEN succeeded in bringing Indonesia's good name by being elected as the first Asian Civil Service Pension Association (ACSPA) Chair for the January 2023 period December 2024. ACSPA is an Asian Social Security Administration Association consisting of various countries in Asia, including PT TASPEN (Persero) Indonesia, Government Employees Pension Service (GEPS) South Korea, Government Service Insurance System (GSIS) Philippines, Government Pension Fund (GPF) Thailand and the National Social Assistance Fund (NSAF) Cambodia.

In addition, TASPEN was also chosen to host the Asian Civil Service Pension Forum (ACSPF) which was held on August 31 September 1, 2023 in Jakarta. ACSPF is a prestigious meeting involving a delegation of pension fund management institutions from Asian countries aimed at increasing economic growth and the welfare of retired ASN in the Asian region. The ACSPF event was attended by representatives from Indonesia, South Korea, the Philippines, Malaysia, Thailand and Cambodia.

Deputy Director General of NSAF Khem Sam Ath said NFAS Cambodia gave its highest appreciation to TASPEN for its extraordinary remarks in increasing Social Security and Pension Funds in Asia.

"Through this activity, it is hoped that it can be a forum for Social Security and Pension Fund managers to establish good relations, understand the latest developments on reforming the management of Social Security for ASN, Veterans and finding problems together by implementing an innovation strategy for the sustainability of the pension payment system for ASN in Asia," he said.

As a National Social Security Institute, the Cambodian NSAF is a National Social Security Fund that incorporates three existing institutions, namely the National Fund for Veterans, the National Social Security Fund for Civil Servants, and most of the Department of Social Welfare of the Ministry of Social Affairs, Veterans, and Youth Rehabilitation. The Cambodian NSAF focuses on managing the pension of Civil Servants and Veteran Retirements in Cambodia. The company has missions, roles, responsibilities, and functions to provide social assistance and intervention of Social Security to Civil Servants and Veterans as well as allowances to participants.

Meanwhile, in October 2023 TASPEN has also received a working visit from the Brunei Darussalam Workers Amanah Tubes (TAP). TAP Brunei Darussalam is a company founded by Sultan and Yang Di-Pertuan Negara Brunei Darussalam which aims to meet the needs of the elderly for citizens and permanent residents of Brunei Darussalam through mandatory savings when entering retirement.

The visit became an important foundation in expanding the network of international cooperation, where TASPEN continues to demonstrate its commitment to developing and strengthening relations with various similar institutions in the Asian region.

In accordance with the direction of the Minister of SOEs, Erick Thohir, state-owned companies need to establish a global level partnership that is able to play an important role in Indonesia's economic growth and build a solid foundation for the welfare of the community. TASPEN always takes part in efforts to transform businesses and human resources that have global competence and potential.

TASPEN is committed to always being trustworthy in managing ASN and retirees by increasing productivity and business efficiency as a form of accountability to participants and all stakeholders in accordance with good corporate governance.