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In 2016, the Indonesian Manpower Employment Social Security Agency (BPJSTK) managed funds totaling Rp 260.54 trillion, a 26.4 percent increase from the previous year. The largest portion of its investment portfolio (61.88 percent) was allocated to fixed income securities, followed by the equity market (18.22 percent) and mutual funds (7.39 percent).
BPJSTK's investment returns in 2016 reached Rp 22.55 trillion, up from Rp 21.24 trillion in the previous year. The return on Old-Age Security development in 2016 was 7.19 percent, up from 6.89 percent the previous year.
Meanwhile, contribution funds in 2016 reached Rp 48.52 trillion, exceeding the previous target of Rp 42.66 trillion. Insurance claims throughout the year totaled Rp 20.06 trillion, up from Rp 15.54 trillion in the previous year.
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