BPJAMSOSTEK Disseminates The Benefits Of The MLT Program That North Sulawesi Residents Can Use

Photo: Doc. BPJS Employment

MANADO - Head of the Employment Social Security Administration (BPJAMSOSTEK) invites residents of North Sulawesi Province (Sulut) to take advantage of the additional service benefit program (MLT). There are various facilities that can be enjoyed as registered members.

"One of the MLT programs, namely housing is a housing financing facility financed from investment funds for the old-age insurance program (JHT) belonging to BPJAMSOSTEK participants," said Head of BPJAMSOSTEK North Sulawesi, Sunardy Syahid, quoting ANTARA in Manado, Saturday, January 4.

Sunardy said there are three MLT facilities that participants can take advantage of, namely Home Ownership Credit (KPR), Housing Face Money Loans (PUMP), Housing Renovation Loans (PRP).

"There are also Construction Loans (KK) intended for housing developers," he said.

MLT housing opens opportunities for BPJS Employment participating workers, to own their own homes through the KPR and PUMP schemes.

Head of the Service Division, BPJAMSOSTEK North Sulawesi Kausariah Sudirman explained that when compared to ordinary or conventional mortgages, MLT mortgages are more profitable because the price is very competitive, interest rates are lower than commercial interest rates, and loan tenors are longer by 30 years.

The interest rate imposed on participants for mortgages is 5 percent above the interest rate rate of the bank repo rate, lower than the usual mortgage. The difference in installments can be up to 1 million. In addition, the tenor is longer than 30 years," said Kausariah.

He explained that workers who want to get MLT facilities must be registered in the JHT program.

He said the old age security program funds were developed as MLT with the aim of providing convenience and certainty for workers in owning a house.

"The segmentation of beneficiaries registered with the JHT program, with a membership period of at least 1 year," he said.

Employers companies must be orderly in administration and orderly dues, not PDS wages, labor and programs. Another requirement is that mortgage recipients do not have their own home or the first house," said Kausariah.