BPK Findings: OJK Overpays For 2021 Pensions Of IDR 39 Billion

The OJK Board of Commissioners for the 2017-2022 period (Photo: Presidential Secretariat)

JAKARTA - The Supreme Audit Agency (BPK) stated that the Financial Services Authority (OJK) recorded an excess of IDR 39.2 billion in pension payments in the 2021 period. This was revealed when the OJK Board of Commissioners held a working meeting with Commission XI of the DPR today in Jakarta.

Deputy Chairman of the OJK Board of Commissioners, Mirza Adityaswara, in his explanation said the BPK's findings were by the Examination Result Report (LHP) on the 2021 OJK financial reports.

"That there is an overpayment of fixed post-employment benefits (pension) in 2021 amounting to IDR 39.1 billion", he said at the Senayan Parliament Complex on Thursday, September 8.

According to Mirza, BPK then recommended two important things to the authorities. First, not paying the 2022 pension fund contributions until all of the excess 2021 employer contributions have been taken into account as 2022 employer contributions.

"Then the second is to ensure the DPR's approval for the use of the remaining IDR 39.2 billion of the budget", he said.

For this reason, Mirza said that the OJK applied for permission from the parliament to use the excess budget for this year's period.

In detail, Mirza divided the funds into three main types of activities, namely operations in the form of strengthening digital transformation and increasing supervision of IDR 5.9 billion.

Second, is administrative activities in the form of tax payments and building/office rental payments of IDR 30 billion, and the third is the procurement of assets in the form of repairing representative office facilities in the regions of IDR 3.2 billion.