Jakarta, shesocial Indonesia
–
Anagata Nusantara Power Investment Management Agency (BPI
And between
) forbid
BUMN
distributed tantiem to the council
commissioner
.This policy removed the tantiem received by the Commissioner of the State Savings Bank (BTN) Fahri Hamzah and other BUMN commissioners.
The prohibition was implemented through a circular and between Indonesia Number S-063/Di BP/VII/2025 dated July 30, 2025.
“For members of the Board of Commissioners of BUMN and BUMN subsidiaries, it is not permitted to get tantiem, incentives (either in the form of performance incentives, special incentives, and/or long -term incentives) and/or income in other forms associated with company performance,” the official document was quoted as saying on Friday (1/8).
Tantiem is a reward given to the Directors or Commissioners for the company’s performance.Tantiem is determined through the General Meeting of Shareholders (GMS) when the company makes a profit.
Before there was a prohibition and between, the amount of tantiem and incentives for SOE Commissioners were regulated in the Minister of BUMN Regulation of the Republic of Indonesia Number PER-12/MBU/11/2020 concerning the Fifth Amendment to the Minister of SOE Regulation Number PER-04/MBU/2014 concerning Guidelines for Determining the Income of the Board of Directors, the Board of Commissioners, and the BUMN Supervisory Board.
In the regulation, the calculation of the Tantiem Commissioner was calculated based on a certain percentage of the Tantiem President Director.Here are the maximum structure:
President Commissioner: A maximum of 45 percent of Tantiem President Director
President Commissioner Deputy: A maximum of 42.5 percent of the Tantiem President Director
Independent Commissioner: A maximum of 40 percent of the Tantiem President Director
Commissioner (Member): A maximum of 37.5 percent of the Tantiem President Director
With the new policy, all forms of tantiem, performance incentives, special incentives, and long -term incentives for commissioners are no longer given.
For the board of directors, the granting of tantiem and incentives is still allowed with firm conditions, which must really reflect the real performance of the company and not the result of manipulation of financial statements.
“It is not the result of pseudo activity recording of accounting/financial statements, but is not limited to the recognition of income prematurely and/or does not record a burden to enlarge the company’s profits (
Financial Statement Fraud
/
Manipulation
), “written in the document.
BPI and between have the authority in operational supervision and BUMN governance.Through the circular, and between confirming the granting of compensation sourced from company profits must be based on integrity and accountability.
The issuance of this regulation also refers to Law Number 19 of 2003 concerning SOEs, which has been amended most recently through Law Number 1 of 2025, where the management of investment, dividends, and income policies of BUMN officials becomes the authority of BPI and between, operational holding, and investment holding.
[Gambas: shesocial video]
(Del/DHF)
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