BigBussiness – People’s housing savings (Tapera) are considered a solution for people, especially those from the low-income segment of society (MBR), so that they can own a house.
It is hoped that these savings, which are intended for workers and independent workers to save and invest at the same time, are expected to be managed transparently and responsibly through investment contracts so that they can achieve a fair return.
Based on Act 4 of 2016 and PP25 of 2020 on the implementation of Tapera, Tapera is obliged to appoint an investment manager to perform fertilization.
Apart from investment managers, other institutions that cooperate with BPTapera include Custodian Banks and commercial banks as channeling banks that are professionally supervised by OJK.
Deputy Commissioner of BP Tapera for fertilization of Tapera funds, Gatut Subadio itself ensures that public funds in Tapera will be safe. This is because Tapera Fund Investment Contract is divided into different instruments.
Where 40-60 per cent fertilization allocation is carried out through investment managers to conventional investment contracts or sharia collective investment contracts such as deposits, government securities, regional government securities, securities in the housing and area sector and other forms of profitable investment.
In addition, the distribution of 30-55 per cent in banks and financing companies is utilized through securities for distribution of financing (CPR, mortgage or home renovation loan).
“The Tapera Fund also has a 5 percent reserve allocation for operating accounts to repay participants and deposits (if the funds have not been withdrawn). Reserves must be made. So we need to make sure that the savings can return to savers with the results of fertilization,” said Gatut in a virtual event on InfobankTalkNews. , Friday (28/8/2020).
Institutionally, Gatut continued, this has been arranged in such a way with investment managers, banks and financial institutions, to remove concerns from the public.
“The challenge is how the fertilization results and liquidity conditions are,” he said.