Thousands protest against Indonesia's plan to take from workers' pay to fund a national housing program

Indonesia n workers will have to pay 2.5 per cent of their wages into a fund the government says will help people buy properties.

Under the policy, all workers on at least a minimum wage have to contribute 2.5 per cent of their salary from 2027. However, a large part of the country won't be subject to the policy because as many as 47.1 per cent of Indonesia's workforce — or about 24.8 million people — are earning less than the minimum wage, according to 2023 official data.The new policy has triggered anger among workers, particularly those who were already struggling with the rising costs of living.Elza Yulianti, a 30-year-old freelancer in Jakarta, joined the rally today.

She said $1 had been automatically been deducted from her monthly salary and she never knew about this until she retired. "The civil servants had suffered enough … I think it's just a trickery on how they can raise funds cheaply on a massive scale."Fears funds will be siphoned to other projects

Source: Real Estate Daily Report (realestatedailyreport.net)

Tapera Taperum Indonesia Housing Savings Protest Workers Labour Organisation

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