Port Pension Fund Transformation, Pelindo Supports Legal Process at the Attorney General's Office

Jakarta, 22 February 2023 - PT Pelabuhan Indonesia (Persero) or Pelindo fully supports the ongoing legal process in the alleged corruption case at the Port and Dredging Company Pension Fund (DP4) for the 2013-2019 period which is currently under investigation at the Attorney General's Office. 

"We respect and support the legal process by the authorities, including asking the DP4 Board and related parties to always cooperate. This is part of efforts to implement the mandate of the Ministry of SOEs for the transformation of pension fund management in SOEs," said Pelindo Corporate Secretariat Group Head, Ali Mulyono.

DP4 is the manager of the pension fund from the founder, namely PT Pelabuhan Indonesia II (Persero), as well as the four founding partners consisting of PT Pelabuhan Indonesia I, III, IV (Persero) and PT Pengerukan Indonesia. In line with the BUMN Pension Fund transformation program by the Ministry of BUMN, in 2021 there will be a change of Management, where the position of Main Director will be effectively held by Mujianto in June 2021.

As a form of commitment, DP4 Management has prepared a Pension Fund transformation program which is contained in the 2021-2025 Roadmap with three stages, namely: Fit in Business (2021-2022); Enhancements (2023); and Establishment (2024-2025). At the Fit in Business stage, a number of programs have been implemented, including updating work guidelines, ratifying a code of ethics, preparing Standard Operating Procedures (SOPs), as well as implementing cashless transactions and digitizing financial services, all of which are intended to improve pension fund governance that is more good (good pension government).

"As Management's responsibility, DP4's performance in 2022 shows positive results where the payment of pension benefits to more than 10,000 participants can run well and more smoothly," explained Mujianto, Main Director of DP4.

In 2023, DP4 will enter the enhancement stage, with a focus on improving service quality, optimizing assets and investments so that pension fund management becomes sustainable.

"DP4 management is cooperative and ready to support so that the legal process can run smoothly and thoroughly. We hope that in the future DP4 can carry out the transformation program to become a healthy pension fund manager with better governance," concluded Mujianto.