JKM Premiums Now Excluded from Re-Composition: Employers No Longer Required to Report JKM Participant Data for JKP Premium Re-Composition

In 2021, the Minister of Manpower (“Minister”) introduced Regulation No. 7 of 2021 (“Regulation 7/2021”) on Procedures for Participant Registrations and Contribution Re-composition under the Unemployment Insurance (Jaminan Kehilangan Pekerjaan – “JKP”) Program. As this title suggests, Regulation 7/2021 detailed the procedures that should be followed by workers or employees as prospective JKP participants (“Participants”)[1] in order to register themselves with the Social Security Agency for Employment (Badan Penyelenggara Jaminan Sosial Ketenagakerjaan – “BPJS Ketenagakerjaan”). It should be noted that various provisions featured under Regulation 7/2021 were summarized in the following edition of Indonesian Legal Brief (“ILB”): “Membership Registration Procedures and Premium Re-composition for the Unemployment-Insurance Program Further Regulated”.