Indonesia Employment Law Update: Mandatory Employer and Employee Contributions for Public Housing Savings Program
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The Indonesian government has issued a new regulation on the public housing savings program and the contributions by employers and employees that will become mandatory beginning in 2027. Government Regulation No. 21 of 2024 (“GR 21/2024”) was enacted on May 20, 2024. It amends Government Regulation No. 25 of 2020 regarding the Implementation of the … Indonesia Employment Law Update: Mandatory Employer and Employee Contributions for Public Housing Savings Program