# BPJS Ketenagakerjaan

BPJS Ketenagakerjaan is a Pension Fund based in Jakarta, Indonesia.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Jakarta, Indonesia
- **Region:** Asia
- **Address:** Plaza BPJAMSOSTEK, 19th Floor, Jl. HR Rasuna Said Kav. 112 Blok B Kuningan, Kec. Setiabudi, South Jakarta
- **Founded:** 1977
- **Assets under management:** 43.0B (Altss estimate)
- **Website:** bpjsketenagakerjaan.go.id
- **LinkedIn:** https://www.linkedin.com/company/bp-jamsostek

## Regulatory record

- **Reports private funds:** No

## About

BPJS Ketenagakerjaan, also known as BPJAMSOSTEK, runs an Indonesian government-mandated social security program. It protects workers against workplace accidents, old age, death, pension, and unemployment. It changed from PT Jamsostek (Persero) on January 1, 2014 and reports directly to the President of Indonesia.

## Sectors

- Real Estate
- Infrastructure

## People

- Anggoro Eko Cahyo — President Director
- Pramudya Iriawan Buntoro — Investment Director
- Muhammad Zuhri — Chairman of Supervisory Board

## Questions

### Who runs investment decisions at BPJS Ketenagakerjaan?

Pramudya Iriawan Buntoro serves as Investment Director with responsibility for strategy and portfolio management. Anggoro Eko Cahyo holds the President Director title and oversees overall operations. Muhammad Zuhri chairs the Supervisory Board.

### Does BPJS Ketenagakerjaan participate in fund commitments or only direct deals?

The agency holds direct equity positions in listed Indonesian companies and owns real estate assets outright. No external fund commitments are disclosed in available records.

### What asset classes dominate the portfolio?

Government and corporate bonds represent 70-75 percent. Time deposits account for 11-16 percent. Equities in major banks and selected real estate complete the balance.

### Where does BPJS Ketenagakerjaan maintain its real estate exposure?

Direct holdings include the Jakarta headquarters complex, Graha Nagoya Mas in Batam and worker housing projects across Bandung, Semarang, Sidoarjo, Makassar, Banten and Medan.

### How is BPJS Ketenagakerjaan governed relative to other pension entities?

The agency reports directly to the President of Indonesia. This line of authority differs from trustee or corporate-sponsor structures common elsewhere.

### Which public companies appear among its equity holdings?

Positions include PT Bank Rakyat Indonesia, PT Bank Mandiri, PT Bank Central Asia, PT Telkom Indonesia, PT Astra International and PT Adaro Energy.

## Related profiles

- [SCS Financial](https://altss.com/profile/scs-financial)
- [United Parcel Service of America Pension Plan](https://altss.com/profile/united-parcel-service-of-america-pension-plan)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/bpjs-ketenagakerjaan

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