BPJS Naker MLT Program Makes It Easy For Workers To Own Private Houses

JAKARTA - The Manpower Social Security Administration of Pangkalpinang, Bangka Belitung Islands Province provides convenience for workers who are registered as participants in employment social security to own private homes through the Additional Service Benefits program (MLT).

"The MLT program is included in the old age security program, this is a national program that can be utilized by participants in accordance with the criteria," said Head of BPJS Pangkalpinang Employment Evi Haliyati Rachmat as reported by ANTARA, Sunday, January 26.

The MLT program provides benefits for those who want to own a home because this program has lower interest rates than commercial interest rates.

In running this program BPJS Ketenagakerjaan cooperates with banks to help make home ownership a success for workers at competitive prices, interest subsidies, lower interest rates than commercial interest rates, and longer loan tenors.

The BPJS Employment MLT Program is an additional service for participants in the Old Age Security (JHT) program in the form of housing financing facilities and other benefits.

The requirements for obtaining these facilities are BPJS Employment participants who receive wages, registered as participants of the JHT program for at least one year, the company where they work in an orderly administration of membership and payment of contributions, and not a Partial List Company (PDS) for wages/workforce/program.

Other requirements, namely that they do not have their own house as evidenced by a statement letter accompanied by sufficient stamps from participants, actively paying dues, have received approval from BPJS Ketenagakerjaan regarding membership requirements, and meet the terms and conditions applicable to the channeling bank and the Financial Services Authority (OJK).

The MLT program provides opportunities for JHT participants to benefit in the form of Housing Face Money Loans (PUMP), Home Ownership Loans (KPR), and Housing Renovation Loans (PRP) and Construction Worker Housing/Credit Financing Facilities (FPPP/KK).

The amount of a loan in the MLT program is for the PUMP which helps provide a portion or all down payment with a maximum loan of IDR 150 million, while the mortgage is intended so that participants can have a landed house or flat that is healthy, feasible and affordable with a maximum loan of IDR 500 million.

Meanwhile, the PRP aimed at renovating the maximum loan house is IDR 200 million and the FPPP/KK which aims to help housing development companies as working capital for financing the construction of housing projects is a maximum of 80 percent of the Budget Plan (RAB).

This MLT program is an additional BPJS Employment program in addition to the benefits of protecting JHT, work accidents, death, pensions, and loss of workers.

"We hope that this program can help workers participating in BPJS Ketenagakerjaan to own their own homes," he said.