Presidential Pension House Criteria: No More Than 20 Billions!

Presidential Retired House Criteria (Unsplash)

YOGYAKARTA - Did you know that after his absence from office or his term of office ends, the President and Vice President will get the rights to retirees. This is clearly regulated in Law number 7 of 1978 article 8. Well! The question is what are the criteria and rules for the retired President's house?

On the setneg.go.id website, article 8 of the law tells the story of the former President and Vice President who retire with honor receiving a home from a proper country. Not only the house, the former president and vice president will receive the vehicle and driver. The following are the criteria for the President's retired house according to the law.

After his term of office is over, President Joko Widodo will receive a retired house after his term of office ends as President.

Finance Minister Sri Mulyani Indrawati has inaugurated a technical gathering of retired homes for the President and Vice President in Chapter II Article 2, Regulation of the Minister of Finance Number 120/PMK.06/2022 regarding Provision, Standards of PREsENCE, and Calculation of Home Points for the Former President and/or Former Vice President of the Republic of Indonesia, namely:

Determination of the price of the President's retired house also observes market prices.

The former president of Indonesia has received a pension house, for example:

The implementation of the procurement of retired Presidential homes was carried out by the Minister of State Secretary. Technically, the Director General of State Assets of the Ministry of Finance carried out a field price survey. After that, the Minister of Finance reported the survey results after the Minister of State Secretary submitted a request.

How much is the pension money of the former President? Based on the Law of the Republic of Indonesia Number 7 of 1978, apparently the former President also received pension funds. Article 6, the regulation regarding the Financial/Administrative Rights of the President and Vice President and Vice President of the Republic of Indonesia tells that the President and Vice President who retire with respect from their positions have the right to retire. The principal pension amount is 100 percent, aka worth the last basic salary of serving as President and Vice President. Based on Article 2 of the law, the President's basic salary is six times the highest basic salary of State Officials other than the President and Vice President. Although the Vice President's basic salary is four times the basic salary of State Officials other than the President and Vice President. The highest salary of state officials other than the President and Vice President at this time, as officials at the level of the Chairman of the DPR and the Chairman of the MPR, is IDR 5,040,000. Referring to that nominal, therefore the presidential salary is six times the price or IDR 30.24 million. Even though the vice president's salary is four times the price or IDR 20.16 million. Thus it can be concluded that the pension fund is around IDR 30 million for the former President and around IDR 20 million for the former Vice President. So after knowing the criteria and rules of the retired President's house, other interesting news at VOI, it is time to revolutionize the news!

How much is the former President's pension?

Based on the Law of the Republic of Indonesia Number 7 of 1978, apparently the former President also received pension funds. In Article 6, the regulation regarding the Financial/Administrative Rights of the President and Vice President and the Vice President of the Republic of Indonesia tells that the President and Vice President who retire with respect from their positions have the right to retire. The principal pension amount is 100 percent, aka worth the last basic salary as President and Vice President.

Based on Article 2 of the Law, the President's basic salary is six times the highest basic salary for State Officials other than the President and Vice President. Although the Vice President's basic salary is four times the basic salary of State Officials other than the President and Vice President.

The highest salary for state officials other than the President and Vice President at this time, namely officials at the level of the Chairperson of the DPR and the Chairperson of the MPR, is IDR 5,040,000. Referring to that nominal, therefore the presidential salary is six times the price or IDR 30.24 million. Although the vice president's salary is four times or IDR 20.16 million. Thus it can be concluded that the pension fund is around IDR 30 million for the former President and around IDR 20 million for the former Vice President.

So after knowing the criteria and rules of the President's retired house, see other interesting news on VOI, it's time to revolutionize news!